Starbucks plans to close 400 U.S. stores as company pivots to focus on express store format

Starbucks revealed details for its plan to revitalize the company’s store portfolio and shift the focus from “sit and sip”-style cafes to a mix of formats, especially the express “grab and go” stores, like the Starbucks Pickup store that debuted in New York City in 2019, along with curbside pickup and drive-thru options. Starbucks revealed in an SEC filing business update that the company will be closing 400 U.S. stores over the course of 18 months, that will eventually be replaced by “a