Business & Tech
Dunkin' Donuts Closing 100 Stores
The company attributed the cuts to slow growth caused by increased egg prices and the upcoming minimum wage hike in New York, among factors.
By JASON CLAFFEY (Patch Staff)
Dunkin’ Donuts recently announced plans to close 100 stores across the country. The company did not say which locations will be shuttered, but did say they are all at Speedway gas stations and convenience stores.
There are a number of Dunkin’ Donuts locations in the region.
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The company attributed the cuts to slow growth caused by increased egg prices and the upcoming minimum wage hike in New York, among other factors.
The company recently forecasted 1.1 percent sales growth, short of the 2.9 percent forecast the previous quarters.
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Dunkin’ is based in Canton, Massachusetts.
Photo credit: ira via Flickr
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