In a city struggling with a rising tide of crime, at least seven San Francisco Starbucks locations in the downtown area are set to close their doors. This deals another blow to the beleaguered city’s business landscape.
There is wide speculation that the closures are due to the crime wave. However, Starbucks does not attribute the closures to security concerns.
The decision to shutter these stores was communicated via an internal memo to district managers, as reported by the San Francisco Business Times.
Currently, the coffee giant operates 59 stores in the city. This includes company-owned outlets but excludes licensed locations situated within stores like Target or Safeway.
San Francisco Starbucks Closings
The Starbucks stores marked for closure are as follows:
- 201 Mission St.
- 442 Geary St.
- 425 Battery St.
- 398 Market St.
- 780 Market St.
- 555 California St.
- 1401 Van Ness Ave
Jessica Borton, Starbucks’s regional vice president for Northern California, emphasized that the company routinely evaluates its store locations, a process that encompasses opening new stores, identifying locations requiring investment or renovation, exploring alternative formats, and occasionally reevaluating their footprint.
