Newark Starbucks among 5 N.J. stores slated to close
Say it ain’t so! The Starbucks at 744 Broad is slated to close as part of the pre-announced 600 store closure intended to cut costs for the flagging coffee chain.
I’m heartbroken and surprised: the downtown Starbucks is absolutely one of the stores with the most potential for growth in the state, and I predicted on Newark Speaks that it would have stayed open.
I asked Mayor Booker about the closure on WBGO’s Newark Today this evening. He said that, while he does plan to fight the closure, there is a plan ‘B’ to offer the space to a local Newark businessman who would open up another coffee shop at the same store.
Speaking of WBGO — welcome listeners who are new to the site!🙂
Five Starbucks in New Jersey, including one in downtown Newark, are among those in the final list of store closings announced tonight.
The company earlier announced plans to close 600 stores around the country by the end of March in a massive cost-cutting effort aimed at restoring the luster to the once fast-growing coffee company.
“In the spirit of transparency with our partners, customers and communities, we are providing the full list of stores for general information purposes,” the company said in a release.