ICYMI: Starbucks plans to close up to 200 Canadian locations over two years
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The details were included in a letter to shareholders filed on Wednesday with the U.S. Securities and Exchange Commission. The company was already experimenting with pick-up only coffee shops before the pandemic dramatically shifted consumer habits to interactions that minimize contact. The first Canadian Starbucks store using the new format, which measured at 93 square metres or 1,000 square feet, launched in Toronto's financial district in January.
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