TORONTO — Starbucks is pulling back on its presence in Canada with plans to close up to 200 coffee shops.
The Seattle-based chain says it intends to restructure its company-operated business in Canada under a two-year plan.
The details were included in a letter to shareholders filed on Wednesday with the U.S. Securities and Exchange Commission.
The company outlined a number of broad changes it was introducing as a response to the COVID-19 pandemic and evolving consumer habits.
Starbucks says some of the Canadian stores up for closure will be “repositioned,” which suggests they could either move to a new area or change format.
The company has been experimenting with locations that are pick-up only coffee shops. The first Canadian location using the new format launched in January in Toronto.
However you feel about the coffee, it’s the job losses you should care more about!
You all understand that it affects human beings and their jobs, right? That it’s not about your opinions on the product.
Finding another job during this pandemic is extremely hard, and almost impossible.
That didn’t last long, I didn’t like their coffee anyway
Wow we haven’t had it for very long. And now it’s going to close
Oh no where will i get my 10 dallar coffee
Could not care one little bit. Overpriced and yucky
They can close them all as far as I am concerned!
Hook , line and
Bye bye, not very good coffee
Kayleey
Who cares it’s overpriced shit coffee that makes people feel special 🙄
Interesting. …
Be thankful, Oh so lucky for Canada, we should be so lucky. 🤗👍
Just a place to go to because you wanna talk about having gone to that place. Never been impressive and if you want coffee that brutal just request a pot to be left on for a few hours at Tim’s and itll still be cheaper.
Over priced dirty dish water.
D.j.Young yep
D.j. Young if thats true then T Hortons is horsep#$$
Mitch Howard I agree.
Noooooooo way. Sylvia Mazzuca 😢
So much for my dream of one in Jamestown
This is great news
Don’t bother me i don’t like starbucks.
No great loss
over priced and not very good anyways
F them too!
They just opened a store here in Sault already there closing
does not say they are closing the sault location. That being said they have too many locations, there are spots in Toronto where you can be in SB and look across the street at another SB
Mark Fluter you never know
Mark Fluter lived near one near Kipling stn, and seriously it’s not an exaggeration. They were square across the street from each other.
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