Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
150 stars will close down. I wonder how many store will close down in nyc?
Reports say they are closing stores particularly in "densely penetrated markets" so NYC might be in for a few for sure....especially in parts of Manhattan where it feels like they are on every corner.
Reports say they are closing stores particularly in "densely penetrated markets" so NYC might be in for a few for sure....especially in parts of Manhattan where it feels like they are on every corner.
SB has been closing and or reopening smaller stores in Manhattan at least for some time. Huge store across from ABC news building shut down, but SB opened a smaller place few blocks away.
Starbucks also has drastically cut back hours at many locations if not all. Used to be at least one or two in an area were open until 11PM or so; now most are closed by 10PM.
This shouldn't come at a surprise. I already raised this concern on the thread made when Starbucks decided to treat non-customers better than gold members. Now jobs will be lost as a result.
150 stars will close down. I wonder how many store will close down in nyc?
In some ways, I hope a lot of them. However, the damned landlords probably won't rent the spaces to anything worthwhile. Unsure if an empty storefront is better than a Tarbucks...
In some ways, I hope a lot of them. However, the damned landlords probably won't rent the spaces to anything worthwhile. Unsure if an empty storefront is better than a Tarbucks...
At least three SBs have closed on UES, and two of the spaces were promptly rented to new tenants. Third (78th and Lexington) was in a building that is part of nearly an entire block that is coming down for redevelopment.
SB has been closing stores, and or reopening elsewhere for a few years now as leases come up for renewal.
Starbucks first "invaded" NYC nearly almost twenty years or so (give or take). As such many of those leases are (or were) coming up for renewal. Well NYC in particular Manhattan is much different today than it was twenty years ago. Retail rents have gone up and that goes for SB as well. They either must pay what LL want's or sling their hook and close.
If you've noticed SB's new stores on average aren't those huge lounges of past. But smaller spaces often with limited seating space.
SB has also stopped having two stores literally a block away from each other for most part as well. There once were two Starbucks at Astor Place (one across from K-mart, and the other on Third). When the latter was pushed out because that property was being redeveloped, SB didn't bother trying to open another.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
