Speedway to Shutter 100 Dunkin' Donuts Sites
ENON, Ohio — Speedway LLC will close 100 Dunkin' Donuts franchise locations inside its convenience stores during the remainder of 2015 and 2016, Time reported. The move comes after Dunkin' Brands Group announced slowed comparable sales growth at its U.S. restaurants during its fiscal third quarter.
Comparable sales at U.S. locations rose 1.1 percent during Q3 2015, compared to a 2-percent increase during the same quarter one year ago.
The restaurants to be closed account for 0.1 percent of Dunkin's U.S. sales, the company said. Dunkin' reportedly receives about three-quarters of its revenue from U.S. outlets.
Speedway will remain a franchisee of Dunkin' Brands.