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Transcripts For KTVU The 20240703

October 22nd, seven locations, including this one, will be closed most are concentrated in the downtown financial district area in a written statement, a starbucks spokesperson said in part, each year as a standard course of business, we evaluate the store portfolio to determine where we can best meet our community and customers needs. A starbucks, at least from what i know, has always acted very quickly in shifting business strategies. If somethings not working, theyre like gone. Aiden compton tells me he was store manager for the starbucks on stockton and sutter streets before opening up his own coffee houses in the north beach neighborhood and on fillmore street. He says starbucks has a lot of stores that are no longer generating the business they did before the pandemic. But as soon as downtown cleared out, you know, business dried up for everybody. Starbucks says it is, quote, reevaluating our footprint, including adding and reopening some stores. It had closed, including this one

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