Stopping off for a doughnut and a cup of coffee at your local Speedway gas station will soon be a thing of the past.
Dunkin’ Donuts has announced that it has dissolved its previous partnership with Speedway. The collaboration was originally between Hess and Dunkin’ Donuts, which was acquired by Speedway in 2014.
The decision will mean the closure of approximately 450 outlets located in the Speedway gas station throughout the United States.
Dunkin’s chief financial officer, Kate Japson, told NBC News that the Speedway locations it is closing were lower-volume locations that represented less than half a percent of the company’s annual sales last year in the U.S.
The company, formerly known as Dunkin’ Donuts, reportedly plans to focus on growing its presence in other convenience stores and spots like college campuses and airports.
“By exiting these sites, we are confident we will be better positioned to serve these trade areas with Dunkin’s newest Next Generation restaurant design that offers a broader menu and modern experience,” Dunkin’ spokesperson Michelle King told USA TODAY.
The Dunkin’ locations that are in the gas station do not make the corporation much money. They only take in about “less than 0.5 percent of Dunkin’ domestic sales in 2019,” the president of Dunkin’ Americas, Scott Murphy said.
Dave Hoffman, the CEO of Dunkin’s Brands, said:
“We’re focused on making your experience as frictionless as possible, whether through our 5,300+ drive-thru locations, On-the-Go ordering and curbside pickup through the Dunkin’ app, or delivery through GrubHub and other providers. Rest assured, we are committed to providing a safe, secure experience at Dunkin’– offering you something familiar and welcoming amid so much change. “
“For more than 70 years, Dunkin’ has been at the heart of the communities we serve, keeping America running and taking care of our guests. We are grateful for the dedication of our franchisees and crew members who make our brand stand tall every day. We’re continuing our legacy of being there when people need us most by taking these additional steps to be your place of comfort during all of this uncertainty.”
As States throughout the US relax the COVID-19 pandemic restrictions, Dunkin’ is planning to create 25,000 new jobs as the lockdown ends, and people go back to work and start getting those doughnut and caffeine cravings.
Dunkin boasts over 11,300 locations in 37 countries and serves over 1.7 billion cups of coffee, and 2.9 billion doughnuts a year.