Coffee shops in Canada are closing as they face a decline in the number of customers and the cost of the coffee.
The national coffee chain, Woods Coffee, said in a statement that it’s closing its stores across the country, including Vancouver, Edmonton and Montreal.
“Woods Coffee has been the driving force behind the creation of coffee in Canada and we are proud to continue that commitment,” Woods said in the statement.
Woods has more than 80 coffee stores in the country.
“We have made great strides to meet the needs of the Canadian coffee market over the last five years, and we will continue to do so as we expand our portfolio,” it added.
“While we recognize the challenges in this industry, we believe the future is brighter in Canada.”
The company said that in the future, the stores would focus on the expansion of its coffee business in the United States and Canada.
The number of coffee shops has fallen in the past decade.
The number of new coffee shops opened in Canada was nearly 20,000 in 2014, down from more than 70,000 a decade earlier, according to the latest data from Statistics Canada.