According to Business Insider, Starbucks will close up to 400 store locations in the U.S. and Canadian, which accounts for 4% of their total stores.<br />The coronavirus pandemic forced Starbucks to temporarily close locations globally. <br />With an estimated revenue plunge, their CEO, Kevin Johnson says that the coffee giant will pivot towards digital. <br />TechCrunch reports that Starbucks plans to reopen smaller locations with more focus on curbside pickup, walk-up counters, and drive-thrus.<br /> Most of the new stores will be in suburban markets. Starbucks also plans to experiment with "more urban-based pickup locations."<br />Pre-Covid, takeout already made up 80% of the brand's sales, which reports say likely encouraged them to accelerate their shift towards launching smaller format stores.
