Large Corporations Have Been Closing Down Their Stores Across The Country

Starbucks

Starbucks said in the summer that it would permanently close 150 underperforming locations. This is three times the amount it routinely closes at the end of a fiscal year. On the other hand, the corporation stated that the closures would affect major cities with oversaturated marketplaces. In certain areas, the coffee chain branches are just competing with one another.

Starbucks