There is way too much good coffee around for them to support being on every street corner like they used to be.
Frankly, I don’t know what they were thinking, the barrier to entry to get a good coffee shop going is a lot lower than say a restaurant or fast food joint. They don’t need kitchens or seating areas or food stuff or even a big enough lot for a parking lot and I’d bet the margins for coffee are a lot bigger. It was never going to be very long before competitors were everywhere lol