Is Starbucks Closing Stores In 2022? (All You Need To Know)
Starbucks will soon close hundreds of locations and open new stores throughout North America because of its diligence.
Starbucks is closing North America locations
Starbucks revealed in June 2020 that 400 of its locations would close in the USA and Canada within the next 18 month.
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 will close stores in dense metropolitan areas that already contain a large number of Starbucks shops.
However, it is not known where exactly the closures will take place, although they may include areas such as malls or campuses that are highly trafficked.
This has led to a drop in visitor numbers at these sites due to changing customer tastes and the pandemic.
Before the pandemic the trend favors pick-up and delivery, which has only increased since.
Why Is Starbucks Closing Locations?
Starbucks is closing hundreds of locations in North America, but it’s not due to downsizing or retrenchment.
Starbucks’ closures will not be followed by new Starbucks locations. These are mainly drive-thrus and stores-to-go.
Therefore, stores closing will be replaced with more performant models located in other areas.
Essentially, there are two reasons for this shift. First, Starbucks expects the new store formats to be more efficient and more profitable.
The second reason is that the closings are reflective of customer preference for delivery and take-out services.
There are 80% to 80% of the sales in 15,000 Starbucks shops across America that were made from ready-to-eat orders.
This trend will be the determining factor in the placement of Starbucks new locations.
The new stores will still maintain the Starbucks fundamental values of quality and convenience.
Are There Any Plans For New Starbucks Stores in the Future?
Starbucks closings do not happen often. In fact, about 100 Starbucks stores are closed each year due to poor performance.
But recent closings have been on an even larger scale, and they are due to changing customer behavior and sales patterns.
Effectively, the store closings and openings show a shift away from the Starbucks cafe model to takeaway and delivery locations.
However, people adjust to changing pandemic conditions by continuing their work at home and change their shopping preferences.
Starbucks has seen an inverse effect of the decline in commuters to work, with a decrease in traffic at their stores.
Starbucks customers are more satisfied with their mid-morning, afternoon and weekend hours than the decline in morning Starbucks sales.
Also, there’s been a shift in sales from urban metro to suburb populations. Additionally, the typical café patrons who would rather have their coffee at home than drive-thrus are also changing.
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?
Starbucks will consider this change in customer behavior when opening new Starbucks shops.
The new Starbucks locations will have more double-lane drive thrus, curbside pickup, and walk up windows in cities.
These new Starbucks pickup stores will offer customers the ability to place orders and pay using the Starbucks app.
Further, this is due to the increased online customer engagement with Starbucks during the pandemic, with millions of new mobile app users.
This means that ordering and making payments through your mobile app is much more efficient and quicker.
Since 2019, there has also been a Starbucks pickup shop at Penn Station.
Starbucks also offers curbside pick up, which has proven to be very popular. These are just a few of the many new formats that you will see in Starbucks.
For more information, check out our post on Starbucks Statistics & Facts, Happy Hours at Starbucks, and When Starbucks Opens 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.
These new stores are located in formats and locations that will best reflect current customer behaviours and selling trends.
So, these trends show a shift away from urban metros to suburbs and cafes to takeout and delivery options.
Starbucks continues to be a leader in convenience and quality at its new locations.
Starbucks Closes In 2022
Starbucks will close 600 North American stores by 2022, according to its announcement. Starbucks plans to open as many new Starbucks locations or more than that, so there will be an increase in the number of Starbucks shops during this time.
Why Are So Many Starbucks Stores Closing?
KTVU hears from a Starbucks rep that the plan to cut hours or close stores in the Bay Area area is to make customers and workers safer. SAN FRANCISCO – It is harder than ever to get a hot cup of Starbucks coffee before the start of your day. According to Starbucks, the cause is COVID. February 4, 2022
Why Are Starbucks Closing In Vancouver?
As it reduces its footprint, Starbucks has steadily closed some locations in Burnaby and the Lower Mainland. Burnaby Starbucks customers are becoming increasingly disillusioned.
Is Starbucks Going Out Of Business In Canada?
So many Starbucks cafes across Canada are also shutting down shops, with the company announcing that 144 stores are set to be closed by the end of March 2021. This is part of an overall plan to close as many as 200 Canadian stores over the next 18 months. Dec 20, 2021
.Is Starbucks Closing Stores In 2022? (All You Need To Know)