Starbucks Shuttering About 400 Locations, 40+ In New York City Alone Starbucks is quietly shrinking its physical footprint in some of the nation’s largest cities, signaling a major shift for a brand that spent decades in near-constant expansion, according to WSMV. The company intends to eliminate about 400 US locations, with the heaviest impact in major metro areas. Closures are already underway — New York City alone has lost 42 stores. Company leaders say the move reflects changing consumer patterns and a tougher business environment. Urban markets are saturated with competitors, foot traffic has not fully recovered as remote work… — Continue at ZeroHedge News : Read More
