New York City
fromBrownstoner
6 hours agoNationwide Retail Chains Decline in NYC in 2025
National chain stores in NYC declined in 2025, with 18 chains exiting entirely and a net loss of 112 locations, while newer food-and-beverage brands grew.
Trouble is brewing for Starbucks fans in New York City. The coffee giant announced it will shutter 34 stores across the five boroughs as part of a nationwide downsizing effort that also includes 900 layoffs, per The New York Times. The cuts come amid a broader review of the chain's North American operations, which Starbucks says is aimed at making sure each shop delivers on its promise of a "warm and welcoming space."