Dunkin’ may close 800 stores
July 31, 2020
Dunkin’ expanded curbside pickup and delivery programs in response to the coronavirus pandemic. The chain, which has seen its business take a hit as a result of the outbreak, is looking to close up to 800 underperforming locations. “We think there are two major forces we are going to be operating against: health and safety… and access to the brand,” Dunkin’ Brands CEO DaveHoffmann said. “Making quick decisions based on the best information you have in hand is what our team has really learned during the crisis.”
Recent News
Sweetgreen Introduces Steak to the Menu
Sweetgreen, known for its signature salad bowls, has introduced steak to its menu for the first time, marking a significant change for the brand.
Disney Struggles With Streaming Profitability
Disney’s recent financial report reveals a mixed bag of results, with a significant focus on the challenges of making its streaming services profitable.
Starbucks Releases Summer Menu Selections
As summer dawns, Starbucks has unveiled its seasonal lineup, featuring the debut of the Summer-Berry Starbucks Refreshers beverages, available beginning May 7 in the U.S.
Live Nation Addresses Unlikely Breakup Amid Looming DOJ Lawsuit
In a recent discourse addressing the specter of a Department of Justice (DOJ) lawsuit, Live Nation’s chief financial officer and president, Joe Berchtold, offered insights into the impending legal predicament.