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29°
Saturday, nov 30
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Penn Plaza, New York City, NY
Business
Covid-
19: Starbucks Closing Up To 400 Stores In Shift To Takeout Strategy
Starbucks will close up to 400 of its traditional cafes due to fallout from the novel coronavirus (COVID-19) pandemic, which has put a stop to indoor dining in many areas. The company announced on Wednesday, June 10 that it will open dozens of pickup-only stores and renovate or move other existing stores in the United States and Canada in the next 18 months. “Starbucks stores have always been known as the ’third place,’ a welcoming place outside of our home and work where we connect over a cup of coffee,” said Kevin Johnson, the CEO of Starbucks. “As we navigate through the COVID-19 crisis,…