Starbucks to close stores, shift to pickup and to-go strategy

Starbucks is pivoting hundreds of North American stores away from the café model it helped make ubiquitous and will expand its pickup-only and to-go business, CNN Business reported on Wednesday.

The company said it plans to close up to 400 stores in the US and Canada over the next 18 months, while at the same time adding carryout and pick-up only locations.