They have shut 8 branches this year and are planning to close one more. That is perfectly normal for a store estate the size of theirs. They are a massive company owned by an even bigger company with deep pockets. The news stories are completely exaggerated for clicks.
In comparison to the 9 closures, how many branches have they opened this year? Clue - it's more than 9.
They aren't going anywhere or in any trouble.
The Costa branch in the Wharfside Shopping Centre in Penzance had to close suddenly last November after the 'builders' working on the first floor flats area removed what was in effect their rear roof during the first prolonged wet weather for months, and 'forgot' to put any tarpaulin or other covering over it. This was on a Monday, calls to the manager of the centre went unanswered (his day off, apparently) and it was the Wednesday before any covering appeared, a period of almost continuous heavy rain! Tuesday was the last day's trade, without WCs or any cutlery/crockery/cups other than takeaway. I was there on both afternoons.
Long story, but Costa not only planned to reopen but expand into the next door unit, which was vacant, like the majority of shops there. The idea was that it would in fact become a 'flagship' small town store, trialling new layouts and ideas. It all became dependent on both the insurance payout and the total safe rewiring etc of both units, but there was talk of reopening in February this year, ridiculously over-optiimistic imo, but a statement of intent nevertheless. After some months and the landlords not even beginning to dehumidify the premises the Costa franchisees proposed instead to move to other empty units unaffected by the 'accident', and were told 'fine, that'll cost you a downpayment of £120,000'. Costa demurred, and a town without another reliable, open-all-day coffee shop whether independent or chain has suffered ever since. The landlords? Just waiting for Iceland (no parking) and the Card Factory to move out , probably, then propose turning it all into flats. Cynical,
moi?!