 SAN FRANCISCO (KCBS/AP) -- Starbucks has named all 600 company-owned stores it plans to close in a bid to boost its business and weed out unprofitable locations.
On Thursday, the gourmet coffee retailer revealed all stores slated for closure. California will lose 88 stores in all with 11 slated to close in the Bay Area, including two in the city of San Francisco.
The company had announced earlier this month that closures would start in July and continue through the first half of the next fiscal year. But Starbucks didn't say which locations would be shut down, until now.
The move to close the stores is a turnabout from Starbucks' aggressive expansion plans. But the company curtailed those plans as it saw traffic and its profits decline recently as the faltering economy has led some consumers to question their spending on pricey coffee.
The following Bay Area Starbucks locations were slated for closure:
Benicia – 328 First Street
Berkeley – 1600 Shattuck Avenue
Brentwood – 7760 Brentwood Boulevard
Concord – 2250 Monument Boulevard
Emeryville – 4125 San Pablo Avenue
Hayward – 26953 Mission Road
San Francisco – 101 4th Street and 901 Market Street
San Jose – 1167 Lincoln Avenue
Santa Rosa – 1620 Mendocino Avenue
Walnut Creek – 2001 Main Street
Map of Bay Area Starbucks Closures
(MGO) |
KCBS' Holly Quan reports
