Starbucks shutting down 7 San Francisco stores.
OAN’s Elizabeth Volberding
5:50 PM – Wednesday, October 4, 2023
Starbucks, the well-known coffee company, is making a bold move by closing seven locations near downtown San Francisco. The company aims to “adjust” its portfolio of stores in the city, ensuring a healthy and thriving store lineup.
Starbucks has already informed its employees at these seven locations about the closures, ensuring transparency and open communication.
In a letter sent to San Francisco district managers, Starbucks Regional Vice President for Northern California Jessica Borton explained that the decision to close these stores is part of the company’s annual store portfolio evaluation. This evaluation allows for new store openings, improvements to existing stores, and potential closures.
“There are several factors Starbucks considers when faced with the tough decision of closing a store, but it is all part of ensuring a healthy store portfolio,” Borton stated in her letter. “We will continue to listen to the needs of our partners to ensure they can focus on crafting beverages and creating connections in a welcoming environment.”
Starbucks has offered affected workers at the San Francisco locations the opportunity to transfer to other Starbucks stores, prioritizing their well-being and career growth.
Out of the seven stores closing, six are located in San Francisco’s bustling downtown area, while the seventh is situated on Van Ness Ave. and Bush St. in the Cathedral Hill neighborhood.
The specific locations being closed include Mission and Main Streets, Geary and Taylor Streets, 425 Battery Street, 398 Market Street, 4th and Market Streets, 555 California Street, and Bush Street and Van Ness Avenue.
These closures will officially take place on October 22nd, marking a significant change for Starbucks in the city.
“Each year, as part of our standard business operations, we evaluate our store portfolio to determine how we can best meet the needs of our community and customers,” explained a Starbucks spokesperson in a statement to KRON4.
“This includes opening new locations, identifying stores that require investment or renovation, exploring alternative formats in certain areas, and, in some cases, re-evaluating our footprint,” the spokesperson added.
These closures come amidst a wave of businesses leaving San Francisco’s downtown area. The lingering impacts of the COVID-19 pandemic, increased criminal activity, and a surge in retail theft have all contributed to this trend.
In recent months, numerous companies, including major corporations like Nordstrom, Whole Foods, Safeway, and Old Navy, have permanently closed their doors. Small businesses in the area have faced even greater challenges, with many forced to shut down.
In response to these closures, San Francisco has launched programs to support small businesses in areas with vacant retail spaces, aiming to revitalize the local economy.
Despite the closures, Starbucks has shown its commitment to the city by opening or reopening three new stores in downtown San Francisco within the past six months. The company has also invested $2.5 million in renovations at four other locations.
Starbucks has assured employees at the closing locations that they have the opportunity to transfer to other areas if they are interested, prioritizing their well-being and career growth.
“We will continue to listen to the needs of our partners (employees) to ensure they can focus on crafting beverages and creating connections in a welcoming environment. I want to thank each of you for your leadership and support of our partners as we communicate this news,” Starbucks explained in an email to impacted employees.
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How has Starbucks supported the affected employees at the closing locations?
Starbucks Announces Closure of Seven Stores in Downtown San Francisco
Wednesday, October 4, 2023
Starbucks, the well-known coffee company, has made a bold move by deciding to close seven of its locations near downtown San Francisco. This decision comes as the company aims to adjust its portfolio of stores in the city and ensure a healthy and thriving store lineup.
The closures have already been communicated to the employees at these seven locations, emphasizing transparency and open communication. In a letter sent to San Francisco district managers, Jessica Borton, Starbucks Regional Vice President for Northern California, explained that the decision is part of the company’s annual store portfolio evaluation. This evaluation allows for new store openings, improvements to existing stores, and potential closures.
“There are several factors Starbucks considers when faced with the tough decision of closing a store, but it is all part of ensuring a healthy store portfolio,” stated Borton in her letter. “We will continue to listen to the needs of our partners to ensure they can focus on crafting beverages and creating connections in a welcoming environment.”
Starbucks has offered affected workers at the San Francisco locations the opportunity to transfer to other Starbucks stores, prioritizing their well-being and career growth. Out of the seven stores closing, six are located in San Francisco’s bustling downtown area, while the seventh is situated in the Cathedral Hill neighborhood on Van Ness Ave. and Bush St.
The specific locations being closed include Mission and Main Streets, Geary and Taylor Streets, 425 Battery Street, 398 Market Street, 4th and Market Streets, 555 California Street, and Bush Street and Van Ness Avenue. These closures are scheduled to take place on October 22nd, marking a significant shift for Starbucks in the city.
According to a Starbucks spokesperson, these closures are a result of the company’s annual evaluation of its store portfolio. “Each year, as part of our standard business operations, we evaluate our store portfolio to determine how we can best meet the needs of our community and customers,” the spokesperson explained. “This includes opening new locations, investing in existing stores, exploring alternative formats, and in some cases, re-evaluating our footprint.”
These closures come at a time when many businesses are leaving San Francisco’s downtown area. The lingering impacts of the COVID-19 pandemic, increased criminal activity, and a surge in retail theft have all contributed to this trend. Major corporations like Nordstrom, Whole Foods, Safeway, and Old Navy have permanently closed their doors, while small businesses have faced even greater challenges, with many forced to shut down.
In response to these closures, San Francisco has launched programs to support small businesses in areas with vacant retail spaces, aiming to revitalize the local economy.
Despite the closures, Starbucks has shown its commitment to the city by opening or reopening three new stores in downtown San Francisco within the past six months. The company has also invested $2.5 million in renovations at four other locations.
Starbucks has assured employees at the closing locations that they have the opportunity to transfer to other areas if they are interested, prioritizing their well-being and career growth.
“We will continue to listen to the needs of our
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