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Dunkin’ Brands, the parent corporation connected with Dunkin’ Donuts plus the Baskin-Robbins ice cream chain, announced Thursday The item individual involving their franchisees The idea can be shutting 100 outlets Round the country at the subsequently 15 months, stories Forbes.
The restaurants to help always be closed with 2015 AND 2016 tend to be perform from convenience retailer chain Speedway LLC, Dunkin’ said. Speedway will certainly continue to remain a franchisee regarding Dunkin’ Brands.
Dunkin’ said a great spike at the cost connected with eggs for the recent avian flu outbreak in the U.S. \'m a great reason AND ALSO issues by the rise within minimum wage laws within cities Around the country. Last month, New York became ones first state to be able to raise your minimum wage with regard to fast-food personnel in order to $15 a hour.
Speaking from a great investor presentation within New York, Dunkin’ CEO Nigel Travis said that this wage hike would have far reaching implications.
“It’s going to be able to affect small businesses IN ADDITION TO franchises,” AND he noted This The idea might mean mass layoffs.
Despite your current outlet closures, this company reiterated it\'s 2015 plan for getting 410 for you to 440 world wide web new Dunkin’ Donuts restaurants at the U.S. ALONG WITH for you to develop the "coffee culture" within hot coffee AS WELL AS iced coffee.
But competition is actually stiff Equally the store sector continues to help contract despite claims that this economy is usually doing better.
Just last week, Dunkin’ Donuts announced a fresh seasonal drink for you to compete against Starbucks’ popular Pumpkin Spice Latte-called Pumpkin Macchiato--available both hot or perhaps iced. the chain in addition released a whole new delivery system starting with 2016 during which doughnut lovers will probably take its breakfast products appropriate on it is doorstep.
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