Starbucks shutters two stores and plans to close two more by May

Starbucks has already closed or plans to close six locations around Denver since the pandemic began. (BusinessDen file)

Starbucks continues to downsize its footprint in Denver, and one of the locations set to close has operated for 25 years.

A spokesperson for the Seattle-based coffee chain said two more stores have permanently closed: one at the corner of Federal and Speer in the Highlands, and the second within Writer’s Square, downtown at 1512 Larimer St.

“As part of Starbucks’ standard course of business, we continually evaluate our business to ensure a healthy store portfolio,” the spokesperson wrote in an email.

Starbucks also plans to close two more locations by the end of May, according to listings put up by landlords looking to fill the spaces.

One is a 950-square-foot unit at 300 E. 6th Ave. in Cap Hill, where Starbucks has operated for a quarter century, according to the listing put up by landlord The Robert L. Naiman Company.

The second is a 2,150-square-foot building at 1605 E. Evans Ave. in the University neighborhood. Broker Kyle Framson of The Zall Company is marketing it for lease.

That will bring the count of locations that Starbucks has closed since the pandemic to six. BusinessDen previously reported that locations at 1490 16th St. Mall and 1050 W. Colfax Ave. have been shuttered.

In June, Seattle-based Starbucks announced it would be closing 600 stores across the U.S. and Canada over the next 18 months in an effort to focus on its to-go business. The company has since updated that number to 800.

On the flip side, the company said, it also plans to open around 850 North American stores specializing in carryout options — with 50 openings this year. The chain is looking at different concepts, including drive-thru only stores with no seating, very small units and double drive-thrus, CEO Roz Brewer said in an earnings call this month.

The chain now has 32,938 stores globally and, at an investor event last month, Starbucks said it planned to increase its store count to about 55,000 by 2030.

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