Local Coffee Shops Are Being Forced Out Of Business By The Pandemic — And Dunkin’ Wants To Cash In On Their Demise

From: businessinsider.com

Dunkin’ is planning on cashing in on the demise of local coffee shops across America.

On Thursday, Dunkin’ reported same-store sales were down by 18.7% in the most recent quarter. According to the company, sales had been recovering week-by-week since the beginning of the coronavirus pandemic, reaching single-digit declines in the week ending July 25.

Dunkin’ also announced that it plans to close roughly 800 locations in the US in 2020.

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