Is Starbucks Closing Stores In 2022? (All You Need To Know)
Starbucks has closed hundreds of stores across North America and opened new ones because of its perseverance.
Is Starbucks Closing Locations In North America?
Starbucks stated in June 2020, that it will close 400 US and Canadian locations within 18 months.
The announcement followed with another one to close 100 US-based stores, 100 in Canada and 200 in the US. This brings the total to 600.
Starbucks however will soon open additional stores, which will increase the number of North American Starbucks outlets.
Starbucks is closing its store in dense, urban areas.
The precise locations of which they will close are not yet known, but these will still include popular areas like shopping malls and campus.
These locations also saw a decrease in traffic because of the pandemic, changing customer preferences and so forth.
Even before the pandemic, the trend favored pick-up and delivery orders, and it has only intensified since then.
Starbucks Is Closing Stores
Starbucks is closing hundreds upon hundreds of North America locations. This however does not mean that they have been downsizing, or are retrenchment.
Instead, Starbucks’ closings will be accompanied by the opening of new locations, mostly drive-thrus and to-go stores.
The stores will therefore be closed and replaced with better performing models in different areas.
Essentially, there are two reasons for this shift. First, Starbucks expects the new store formats to be more efficient and more profitable.
Second, closings indicate changes in customer preferences regarding delivery services and takeaway.
One example is that as many as 80% in all Starbucks sales are made directly from customers’ orders.
This trend will be the determining factor in the placement of Starbucks new locations.
However, the new store formats will preserve the fundamental Starbucks values of convenience and quality.
How will the new Starbucks stores be managed?
Starbucks closings do not happen often. In fact, about 100 Starbucks stores are closed each year due to poor performance.
Recent closings, however, are much more extensive and driven by changes in sales patterns and customer behaviour trends.
Effectively, the store closings and openings show a shift away from the Starbucks cafe model to takeaway and delivery locations.
However, shopping habits change as individuals adapt to pandemic circumstances and work from home.
Starbucks stores see a reduction in morning traffic as a result of fewer morning commuters.
However, this decline in morning numbers at Starbucks is compensated by mid-morning, afternoon, and weekend customers.
Also, there’s been a shift in sales from urban metro to suburb populations. In addition, many cafe patrons are switching to driving-thrus over sitting.
Thanks to mobile ordering and Starbucks delivery via Uber Eats, customer preferences are also shifting toward to-go and delivery options.
Which Starbucks Stores will be the Newest?
The new Starbucks stores consider these changes in customer behavior, and the new locations will take them into account.
The new Starbucks locations will have more double-lane drive thrus, curbside pickup, and walk up windows in cities.
Also, the new locations will include new Starbucks pick-up stores where customers can only order and pay only through the Starbucks app.
This could also be due to Starbucks’ increased online customer engagement and millions of mobile app users during the pandemic.
With that, ordering and payments exclusively through the mobile app makes the whole process much quicker and more streamlined.
A Starbucks Pick-up Store is also available at Penn Station, New York City.
Starbucks’ curbside pickup service is another experiment. It has been very well received. Expect to see these formats more often.
Our posts include statistics and facts about Starbucks. You can also see our posts regarding when Starbucks Happy Hour is, how Starbucks closes for 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.
That said, the new stores will be in locations and formats that reflect changing customer behavior and sales trends.
These trends indicate a shift from cities to suburban areas and to cafes for takeout and delivery.
The Starbucks brand values of convenience and quality will be maintained at all new Starbucks locations.
Is Starbucks Closing In 2022?
Starbucks is closing 600 North America stores before 2022 according to the announcement. However, Starbucks will open an equal or larger number of new locations, so the total number of Starbucks stores will actually increase during this period.
Why Are So Many Starbucks Stores Closing?
KTVU is told by a Starbucks representative that the decision to reduce or close hours in stores throughout the Bay Area was made to protect customers and workers. SAN FRANCISCO – Finding a good cup of coffee for the morning is becoming more difficult for Starbucks customers. 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.
Are Starbucks’ Canadian operations closing?
Starbucks Cafes all across Canada are closing down their shops. Starbucks has announced that they will be closing 144 of its stores by the end March 2021. The move is part of a larger plan to shut down as many 200 Canadian locations in the coming 18 months.
.Is Starbucks Closing Stores In 2022? (All You Need To Know)