News
Bad news, doughnut and ice cream fans: According to a report by Fin24, JSE-listed Grand Parade Investments has announced the closure of Dunkin Donuts and Baskin Robbins stores after the company filed for liquidation due to poor performance.
Dunkin’ Donuts’ typical offering. Photo supplied.
“The decision to exit Dunkin Donuts and Baskin Robbins was made following sustained losses in these businesses and an unsuccessful process to dispose of these businesses,” reads a short statement by the company.
According to the same statement, the closing of these two brands will not affect the Burger King franchise, which currently has over 80 stores nationwide.
The brands have been in South Africa for just over two years, with 11 Dunkin Donut stores in the Cape and five Baskin Robbins outlets.
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I think the fact that they were only in Cape Town might have also let them down.
if only they had outlets in Johannesburg , they would have survived
Their products can in no way compare to the quality of SA foods/desserts. Baskin Robbins ice cream is bland, dunkin donuts soo sweet it can induce diabetic shock after one bite.