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California

Starbucks set to close seven stores in San Francisco

By Jonathan Park | CNN

Seven Starbucks locations across San Francisco will shut down effective October 22, the company told CNN on Tuesday.

When asked why the company decided to close these stores, a Starbucks spokesperson said it was part of a larger evaluation of their store portfolio.

“Each year as a standard course of business, we evaluate the store portfolio to determine where we can best meet our community and customers’ needs,” the spokesperson said in a statement. “This includes opening new locations, identifying stores in need of investment or renovation, exploring locations where an alternative format is needed and, in some instances, re-evaluating our footprint.”

Starbucks has also opened three new stores in downtown San Francisco in the last six months and is renovating four other locations, the spokesperson said.

https://www.eastbaytimes.com/2023/10/04/starbucks-set-to-close-seven-stores-in-san-francisco/ Starbucks set to close seven stores in San Francisco

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