At least 11 Starbucks in Colorado closed as part of the coffee giant’s wave of cuts at the end of September.
The closings are among hundreds nationwide and represent about 1% of the chain’s stores. Starbucks has not published a list of which stores are closing, but the Coloradoan, other media outlets and online postings identified locations across Colorado. None of the Colorado locations in the reports were still on Starbucks’ online directory of stores the afternoon of Sept. 30. All are in the Front Range.
Employees were either offered positions in other locations or provided with severance, according to a memo posted online by CEO Brian Niccol.
Which Starbucks in Colorado closed?
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3617 S. College Ave., Fort Collins
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2975 E. Colfax Ave., Denver
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5074 E. Hampden Ave., Denver
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2300 S. Parker Road, Aurora
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6712 S. Potomac St., Centennial
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4298 S. Broadway, Englewood
Why is Starbucks closing stores?
Niccol told employees Sept. 25 that Starbucks was closing about 1% of its locations in the United States and North America and cut about 900 jobs as part of its Back to Starbucks transformation strategy, USA TODAY reported.
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His memo said that the chain would close specific locations “where we’re unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance.”
Nate Trela covers trending news in Colorado and Utah for the USA TODAY Network.
This article originally appeared on Fort Collins Coloradoan: Starbucks to close 1% of stores. Are any near me in Colorado?
