Is Starbucks Closing Stores
Is Starbucks Closing Stores In 2022? (All You Need To Know)
Because of its diligence, Starbucks is closing hundreds of stores and opening new locations across North America.
Is Starbucks Closing Stores In 2022?
Starbucks has announced that in 2020, 600 North America locations will close by 2022. However, the closings will be exceeded by opening new locations that are expected to perform better. This shift in customer behavior is reflected by the new locations, which will be primarily drive throughs and to-go outlets and counters.
Starbucks Closes North America Locations
Starbucks stated in June 2020, that it will close 400 US and Canadian locations within 18 months.
This was further followed by an announcement of closing 100 additional stores in the US, and 100 Canadian, bringing the total number of closures to 600.
Starbucks, however, will continue to open new stores in North America, so the closures will not affect the overall number of locations.
Starbucks is closing its store in dense, urban areas.
Still, locations have yet to be announced. However, these areas will not only include highly-trafficked places like campuses and malls.
These areas have also seen decreased traffic as a result of changing customer habits and the pandemic.
Before the pandemic the trend favors pick-up and delivery, which has only increased since.
Where are the New Starbucks Stores Going?
Starbucks stores closings aren’t new. Around 100 Starbucks stores close each year on the basis of performance.
Recent closings, however, are much more extensive and driven by changes in sales patterns and customer behaviour trends.
Effectively, closings of Starbucks stores and openings indicate a move away from Starbucks cafe models to takeaway and delivery places.
It is important to note that as the people adapt to the new pandemic, they also experience changes in their shopping tastes.
Starbucks stores saw a similar drop in morning commuters since the beginning of this decade.
However, this decline in morning numbers at Starbucks is compensated by mid-morning, afternoon, and weekend customers.
Additionally, sales have shifted from suburbs to urban areas. In addition, many cafe patrons are switching to driving-thrus over sitting.
The shift in customer preferences towards delivery and to-go is also due to the mobile ordering option and Starbucks delivery via Uber Eats.
Which Starbucks Stores will be the Newest?
Starbucks’ new Starbucks stores will reflect these shifts in customer behavior.
Starbucks will add more double-lane drive thrus to its new stores, as well as curbside pick-up and walk-up windows for urban centers.
The new Starbucks Pick-up Stores will be available at the locations. Customers can order from and pay through their Starbucks App.
This is also due to increased customer engagement at Starbucks, which was impacted by the pandemic.
This makes ordering and paying via the app much easier and faster.
Additionally, there’s already a Starbucks pick-up store operating at Penn Station in New York City since 2019.
Starbucks’ curbside pickup service is another experiment. It has been very well received. So, you can expect to see more of these soon.
You can read more about Starbucks facts & statistics, happy hours, opening times, and whether Starbucks is open 24 hours.
Starbucks has announced that it will be closing 600 stores across North America by 2022.
Starbucks however, will be opening an equal number or greater of locations. This will mean that the number of Starbucks shops will increase over this time.
The new stores will have locations that are more in line with changing customer habits and trends.
So, these trends show a shift away from urban metros to suburbs and cafes to takeout and delivery options.
Starbucks will still be present at the new Starbucks locations, emphasizing its values of quality as well as convenience.
Starbucks to Close in 2022
Starbucks announced it would close 600 of its stores in North America by 2022. Starbucks will however open an equal- or greater amount of new stores during this period. This will result in a rise in Starbucks’ total retail outlets.
Why is Starbucks closing so many stores?
KTVU has been told that a Starbucks representative said the company’s decision to decrease hours and close some stores in the Bay Area is necessary to safeguard customers as well as workers. SAN FRANCISCO – It’s becoming harder to find a coffee in the morning for Starbucks lovers. The coffee chain says the reason comes down to COVID.Feb 4, 2022
Why Are Starbucks Closing In Vancouver?
In order to reduce its footprint and focus more on specific high-traffic areas, the coffee giant is steadily closing its stores across Burnaby. Burnaby Starbucks customers are becoming increasingly disillusioned.
Does Starbucks go out of business in Canada?
Starbucks stores across Canada are shutting down, as the company announces that 144 shops will be closed before March 2021. It’s part of a wider plan to shutter as many as 200 Canadian locations over 18 months.Dec 20, 2021
.Is Starbucks Closing Stores In 2022? (All You Need To Know)
