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Dunkin’ to close 800 stores across the country

List of stores not yet released

CHICAGO - SEPTEMBER 07:   A cup of Dunkin' Donuts coffee and a donut bag sit on a counter September 7, 2006 in Chicago, Illinois. In an effort to compete with Starbucks in the lucrative coffee market, Dunkin? Donuts has announced a goal of opening more than 10,000 new stores in the U.S. by 2020.  (Photo by Tim Boyle/Getty Images)
CHICAGO - SEPTEMBER 07: A cup of Dunkin' Donuts coffee and a donut bag sit on a counter September 7, 2006 in Chicago, Illinois. In an effort to compete with Starbucks in the lucrative coffee market, Dunkin? Donuts has announced a goal of opening more than 10,000 new stores in the U.S. by 2020. (Photo by Tim Boyle/Getty Images) (2006 Getty Images)

Dunkin’ has announced that it will be closing around 800 of its stores across the country.

According to the company’s second-quarter earnings report, low-earning stores will be affected. The company also disclosed that revenue dropped by about 20% this past quarter.

The 800 stores reportedly account for 8% of the company’s US locations. Dunkin’ is looking at closing an additional 350 international locations.

The report did not say where the stores expected to close are located.


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