Dunkin Donuts is an American quick service restaurant chain and coffeehouse chain with over 2,000 locations worldwide. The company was founded in 1950 by two brothers, William and James Donut.
Dunkin’ Donuts is the largest doughnut chain in the world, with more than 36 billion donuts and thirteen billion cUPS of coffee sold in over 75 countries.
On October 28, 2018, Dunkin’ Donuts announced that they would be closing all locations in the United States by the end of the year.
The company cited low customer traffic and an increasingly competitive environment as the reason for the closures. In the past, Dunkin’ Donuts has opened new locations in an attempt to keep up with the competition, but this strategy has not been successful.
In the past, Dunkin’ Donuts has tried various strategies to keep its customers, including introducing new menu items and changing the appearance of its locations. However, these efforts have not been successful.
Dunkin’ Donuts has been facing increased competition from Dunkin’ Brands’ own coffee shops, such as Starbucks, as well as coffee chains such as Peet’s and Dunkin’ Donuts’ own brand, Baskin-Robbins.
The closures of Dunkin’ Donuts will have a significant impact on the American economy. The company employs over 18,000 people in the United States, and the closure of all of its locations will result in the loss of these jobs.
