Starbucks Downsizing Amid Significant Losses in Q3

Starbucks CEO Howard Schultz announced Monday that they will be downsizing and closing multiple stores in the tri-state area. “We noticed a lack of sales in New York, specifically Long Island,” Schultz explained. Schultz later went on to explain that two thirds of Long Island locations will be closed by the end of 2022. Long Islanders may want to stock up or enjoy what they can soon before it’s too late.

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