A Starbucks Rival Has Now Made An Unexpected Closure

A Starbucks rival has now made an unexpected closure in the New Jersey area, taking loyal customers by a big surprise.

City of Saints in Hoboken, New Jersey announced the closing of its store on Bloomfield Street.

On Thursday, the shop had a sign that read “Closed Today” on its front door.

A man named John, who did not disclose his last name, told TAPinto Hoboken that the store was closing due to the lease expiring.

He explained that City of Saints will be focusing on the wholesale side of business, which is “booming.”

“Today is our last day,” read a statement from the coffee shop.

“Lease is up. Was a good run. Love Hoboken and all the support from our customers over the years.”

There had been some speculation behind the closure of the Bloomfield Street store lately as it wasn’t opening on the weekend.

Customers also noticed a shortage of staff at the shop, which also has a location in Brooklyn, New York.

City of Saints is known for its coffee, including the vanilla cinnamon latte, which is a favorite among customers.

“City of Saints was a great corner coffee shop with very friendly staff, and a wonderful addition to the neighborhood,” a regular customer told the outlet.

“It’s unfortunate that it ended so abruptly.”

The news comes as Starbucks announced a major initiative to make stores more inclusive.

The “Inclusive Spaces Framework” hopes to provide more accessible spaces for customers.

For example, the chain plans to roll out more inclusive designs across 16,300 in the US.

The first store built with this framework opened on February 16 in Washington, DC.

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Also Read: A New Wave of Unexpected Layoffs Now Hits Wisconsin

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Market News Today - A Starbucks Rival Has Now Made An Unexpected Closure.
Market News Today – A Starbucks Rival Has Now Made An Unexpected Closure.

A closing fashion chain is now having a massive sale up to 50% off as three stores have been confirmed to shutter in the same city.

Forever 21 is closing down three stores located in and around Kansas City.

The affected locations are situated at the Country Club Plaza, the Independence Center, and Legends Outlets.

Exactly when these stores will close is still unclear, and it’s likely they will shutter on different dates.

But Holly Solomon, leasing director with the Independence Center, told The Kansas City Star the Forever 21 at the mall would close at the end of March.

However, it could close even sooner if all stock is sold.

All three stores are advertising 50% off everything.

At the Country Club Plaza store, red “everything must go” signs hang in the windows.

Forever 21 has been closing stores since it filed for bankruptcy in 2019.

The once-popular retailer was bought out by Authentic Brands Group a year later.

As part of the survival plan, a whopping 178 US stores were closed.

But Forever 21 is continuing to close locations years to this day.

In January, the store at Santa Rosa Plaza, California closed down.

The CEO of Authentic, Jamie Salter, has said buying Forever 21 was “the biggest mistake I made.”

While the retailer was once a hot spot for teens and young adults seeking affordable styles, it has struggled to keep up with new consumer trends.

These include the push for sustainability, as adopted by rivals H&M and Zara, reports The-Sun.

However, Forever 21 isn’t the only fashion store with several closures.

Department store Macy’s has announced the closure of 150 stores.

And JCPenney is closing two important locations on the same day very soon as well.

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Also Read: A Popular Essential Retailer Is Now Closing 72 Locations

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Market News Today - A Starbucks Rival Has Now Made An Unexpected Closure.
Market News Today – A Starbucks Rival Has Now Made An Unexpected Closure.

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