Looks like America will run a little less on Dunkin’.

Dunkin’ Brands, the parent company of Dunkin’ Donuts and the Baskin-Robbins ice cream chain, announced Thursday that one of its franchisees it will be shutting 100 stores across the country in the next 15 months, reports Forbes.

The restaurants to be closed in 2015 and 2016 are run by convenience store chain Speedway LLC, Dunkin’ said. Speedway will continue to remain a franchisee of Dunkin’ Brands.

Dunkin’ said a spike in the cost of eggs due to the recent avian flu outbreak in the U.S. was a reason along with concerns with the rise in minimum wage laws in cities across the country. Last month, New York became the first state to raise the minimum wage for fast-food workers to $15 an hour.

Speaking at an investor presentation in New York, Dunkin’ CEO Nigel Travis said that the wage hike would have far reaching implications.

“It’s going to affect small businesses and franchises,” and he noted that it might mean mass layoffs.

http://www.foxnews.com/leisure/2015/10/02/dunkin-donuts-franchisee-closing-100-stores/?intcmp=hpff

This is what Chumps like Bernie Sanders is pushing for. These idiots are flushing our economy right down the toilet!

So, you aren't posting any FACTUAL information, just the usual hyperbolic threats?

Okay.

Not factual? A national chain closing 100 stores? Wow. Keep drinking the cool aid.

"" Twohig added that the company and its many
franchisees are also "anxious" about minimum
wage hikes that are set to go into effect across
the country.
In New York, for example, a $15 an hour
minimum wage for fast food workers will soon
be phased in over the next few years.""
http://money.cnn.com/2015/10/01/investing/dunkin-donuts-store-closings/

Boy, I bet you feel like a dlck now....

i'll go with the mantra of.... "Let the Market Decide"......if a company can't make a
reasonable profit, over and above the cost of supplies and operating overhead, then
they should get out of the business they've chosen to operate....

It's extremely rare, to see an entry level employee worth $5.00 an hour.
There ain't a booger eater (entry level employee) on the planet, worth $15.00

Wait a minute, a proposed fifteen an hour minimum wage in New York, phased in over the next couple of years, plus a spike in the cost of eggs, causes a convenience store franchisee to close down one-hundred stores nation wide imminently? There's something else going on there.

Nigel Travis....Ceo Dunkin' Brands.....total calculated compensation $10,204,803....
that's just for him alone i didn't even bother to look up all the other *executives and
VP's they might employ....

maybe he could take a little bit less so the booger eaters can afford some donuts too....

actually, thats one of the biggest problems right there... the greedy ceo's and exc's continue to live lavishly while making slaves of the working class...

Or, he could cash out all his stock, walk away with a couple of hundred million, and turn the business over to somebody who values their employees.

some "Market" when Government meddles with it by mandating Wages!

Low skill levels, are deserving of nothing more than low wages.

Zero personal ambition, gets no sympathy from me.

yeah thats real funny....without the government *meddling these fat-cats would gladly
return you to the early 1900's where people received paltry wages, no benefits whatsoever,
no healthcare, no worker safety initiatives, no ecological restrictions...all for a 16-hour workday..
kinda like it is in China at the present time.....care to regress backward to those days again ?

or let the unions take control again

funny thing is that you call on the "Market" to fix things,when you actually want Government meddling!

Ya. You are STILL posting THREATS, not factual information. So no, I still feel like someone who calls for facts, not threats and imaginary crap.

Selfish individuals gain in a community. But a community full of selfish people fails.

So basically a small ma and pop sandwich shop in order to employ three people will have to earn at least 100 an hour just to cover wages and expenses...hmmm..a national franchise could pull it off but I think a lot of small businesses are screwed...

the democrats are trying to finish what the repubs started...getting rid of small business...

Well, they could always sell wedding cakes to the gays and lesbians.