Starbucks permanently closes in downtown Stamford

STAMFORD – Starbucks has closed its downtown Stamford store for good, another blow to the ailing downtown mall which will also see one of its main tenants leave by the end of the year.

In response to a request from Hearst Connecticut Media, a Starbucks spokesperson confirmed that the company had closed its establishment on the fourth floor of the mall – a location that represented its only stand-alone store in downtown Stamford – on Sunday. It was operating next to the covered mall plaza and a few doors down from a Saks Off 5th department store, which is slated to close by the end of December. It was also located just yards from a Michael Kors store, which closed on September 25.

“As part of Starbucks’ normal course of business, we continually assess our business to ensure a healthy store portfolio. After careful consideration, we determined it was best to close the store at 100 Greyrock Place, Suite 104 in Stamford, ”the Starbucks spokesperson said in an email. “As difficult as it may be, we need to make the right business decisions in the interests of Starbucks’ long-term growth.”

All Starbucks employees working in the store “have had the option of being transferred to one of our nearby locations,” the spokesperson said.

Messages left with Stamford Town Center management were not returned.

In Stamford, Starbucks still operates stand-alone stores in the High Ridge Mall at 1079 High Ridge Road; in the Ridgeway Shopping Center at 2139 Summer Street; and at West Stamford Plaza, 288 West Ave. It also has a location in the downtown Target store at 21 Broad St., while the Barnes & Noble store cafe at Stamford Town Center serves Starbucks merchandise.

“We look forward to continuing to serve the Stamford community and encouraging our customers to visit us at our other stores in the area,” the spokesperson said.

Starbucks previously closed in Stamford in October 2018 when it closed its 96 Broad St. store at the Ferguson Library, which included its only street-level establishment in the city center. It had been operating since 1999 in an annex library which once housed a reading room. In 2019, Winfield Street Coffee opened in the same space.

For its third quarter ending June 27, revenue at Seattle-headquartered Starbucks climbed 78% year-on-year to about $ 7.5 billion – a reflection of store reopens after closings in the United States. during the first months of the COVID-19 pandemic.

The company opened a net total of 352 stores in the last quarter. It operates more than 33,000 establishments around the world.

“Starbucks delivered a record third quarter performance, demonstrating powerful momentum beyond the recovery,” Starbucks CEO and Chairman Kevin Johnson said in a third quarter earnings release. “Our ability to move with speed and agility and to cope with changes in customer behavior has helped to further differentiate Starbucks, positioning us well for the time being. “

[email protected]; twitter: @paulschott

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