Closures: Holy Donut @ Exchange St.
In a surprising post this morning, Holy Donut announced via Instagram that they will be closing their 7 Exchange St. location. They cite the pandemic as the primary cause for their decision. In a statement from Jeff Buckwalter, CEO of The Holy Donut, Inc.:
“The Holy Donut team would like to extend our gratitude and appreciation to everyone that has helped make our Exchange Street location a success over the last 7 years. We are humbled by the amount of guests that chose to stop in for a treat. It is with a heavy heart that we announce that our last day of business at our Exchange Street location in the Old Port will be Monday October 19th.
The pandemic has had a tremendous impact on this location and we have made the decision not to renew our lease. We look forward to stepping back into the Old Port again in the future when the timing is right and we can secure a location that can better serve the needs of our loyal guests and our exceptional teammates. Our Park Avenue location will continue to be there for all of our Portland fans! Thank you Portland!”
What makes this announcement so shocking is the runaway success of the 7 Exchange St. location. At any given time, lines would wrap around the block with locals and tourists alike eager to get their fix. However, with dwindling tourism numbers as a result of the pandemic, business was not as usual for many business in the Old Port. Hopefully we'll see Holy Donut in downtown Portland again someday. In the meantime, their Park Ave. location remains open, as well as wholesale to locations such as Hannaford.