The largest coffee chain of America closes 100 additional locations
The chain had announced several hundred closures in June.
America's largest coffee chain reduces its footprint in poorer urban areas in the middle of the pandemic during COVID-19.Starbucks had already announcedThe expected closure of 400 domestic locations Back in June, because he insisted on a pandemic corporate strategy. Now the company hasDisposed of 100 additional underperforming locations for closing, which brings the total number of Suittters Starbucks cafes that we can hope to see next year at 500.
The channel also announced the 300 closures of its Canadian stores during the same period. (In touch:9 restaurant chains that have closed hundreds of locations this summer.)
On Starbucks'Fourth quarter gains call, CFO Patrick Grismer said the company has increased the number of domestic closures after learning that this could "manage closures much more efficiently than we originally planned. It is largely on the average costs of leasing. "
If you are worried, closures would affect your ability to find a Starbucks in your wooden neck when you need a morning pick-up or afternoon, do not fear. While hundreds of locations are closed, it will still be open in the Americas during the same period. In fact, the coffee chain still operates 15,337 locations in the United States and more than 32,000 worldwide, according toBusiness online restaurant.
What you will find, however, is that it may be more difficult to find a Starbucks in a city center. The company is expanding aggressively in the suburban areas, where locations can support driving windows through and attracting commuters who work at home for a predictable future. In addition to traffic change, society also noticed that people are mood at caffeine-containing drinks later in the day.
"We have seen American transactions migrating dense suburban centers to the suburbs, cafes at the Drush-Throus drive, the first mornings in the middle of the recoveries outdated on weekends," said Kevin Johnson on the 'call.
Another thing you can expect to see more than anything other than the company moves its strategy? Takeout-onlyPickup Starbucks The locations, where you can take your digital orders with minimal waiting times.
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