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Prepare for decaffeination: Starbucks to close 11 Houston-area stores
07:14 AM CDT on Friday, July 18, 2008
SEATTLE — Starbucks has named all 600 company-owned stores it plans to close in a bid to boost its business and weed out unprofitable locations. Eleven of the stores slated to be closed are in the Houston area.
Houston
#6274 Shepherd & Farnham, 3821 Shepherd
#7944 I-45 & Red Ripple, 6001 N Fwy.
#9615 Hwy 249 & Antoine, 12503 Tomball Pkwy.
#10056 Main & Dallas, 914 Dallas St.
#10650 Fannin & Preston, 1018 Preston
#11562 Westheimer & Briargreen, 14333 Westheimer Rd.
#13479 Bellaire & Wilcrest, 10611 Bellaire Blvd.
#13672 Fannin & MacGregor, 6400 Fannin St.
Humble
#11563 Deerbrook Mall, 20131 Hwy 59
Rosenberg
#11302 Hwy 59 & Hwy 36, 27943 SW Fwy.
#11982 59 & Hwy 762, 24406 SW Fwy.
The company announced 50 stores late last week, saying those stores would be closed by the end of July. Those include four stores in Alabama, seven in Minnesota and eight in California.
Now the gourmet coffee retailer is detailing all stores slated for closure. Including the eight other stores, California will now lose 88 stores with two each in Los Angeles and San Francisco, and 10 in San Diego.
Florida will lose 59 stores, including three each in Tampa and Palm Beach Gardens. Louisiana will lose 13 stores, nine of them in Baton Rouge.
The company announced earlier this month that it would close 600 company-owned stores in the U.S. starting in July and continuing through the first half of the next fiscal year. However, Starbucks did not say which locations would be shut down, until now.
The move to close the stores is a turnabout from Starbucks' aggressive expansion plans. However, 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.
Inside KHOU.com
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