Pedestrians walk past a downtown Toronto Starbucks Coffee location Thursday, May 31, 2018. Starbucks is pulling back on its presence in Canada with plans to close up to 200 coffee shops. THE CANADIAN PRESS/Graeme Roy

Starbucks plans to close up to 200 Canadian locations over two years

The company outlined a number of broad changes it was introducing

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.

ALSO READ: Cautious Canadians increasingly wearing masks, fear second wave of COVID

The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

coffeeCoronavirus

Comments are closed

Just Posted

Fisher announces decision to run for MNBC regional director’s role

Debra Fisher plans to run for Region 4 director in the Métis Nation of B.C. election this fall

Deja View not closed to cyclists

Although signs suggested that it was open to foot traffic only, Deja View still open to bikes.

Artistic bears and wolf help keep social distancing

Kinsmen Beach now has an artistic reminder to stay two metres (six feet) from others

Citizens of the year

The Rotary Club of Invermere chose Beva and Jordie Kirk as citizens of the year

Dutcher’s skating injuries informed career decision in radiology

A lapsed figured skater has used her life experiences to inform her career decision in radiology

‘This year is unlike any other’: Trudeau delivers Canada day address

Sophie Gregoire Trudeau and the Prime Minister release video celebrating the national holiday

Canada Day tractor incident kills three children, injures seven in Quebec

The tractor driver has been arrested following the accident

Undercover operation exposes prominent human trafficking problem in Greater Victoria

VicPD’s Operation No More took place in mid-June at a local hotel

Tsilhqot’in Nation demands meeting with feds on declining Fraser River chinook stocks

The Nation wants to partner with DFO to rebuild and recover the stocks

PHOTOS: Dual rallies take over Legislature lawn on Canada Day

Resist Canada 153 highlighted colonization and genocide, Unify the People called COVID a hoax

Gov. General honours Canadians for bravery, volunteer service

Five categories of winners presented on Canada Day

COVID-19: Should non-medical masks be mandatory in Canada?

New poll shows Canadians are divided on the rules around mandatory masks

‘A little bit scary for everybody’: Air passengers wary as new rules take effect

Masks or face coverings have been mandatory on flights since April 20

Most Read