Beijing-based Luckin Coffee eyes Starbucks' shuttered NYC stores — as even more could be closing: sources
Starbucks could close five more New York City stores, continuing a surprise purge that began in the fall – and Beijing-based rival Luckin Coffee is eyeing the already abandoned digs, The Post has learned. The additional Starbucks closures are expected early next year, said James Famularo, president of Meridian Retail Leasing, which mostly represents landlords.Another real estate source who is familiar with Starbucks’ plans and did not want to be identified said five stores could close due to leases not bein ...