Starbucks to close 250 North American stores, cut 900 jobs in ~$300M restructuring

Starbucks says it will close 250 underperforming North American coffeehouses — about 1% of its stores — and cut 900 jobs as part of a restructuring that carries roughly $300M in charges, per a regulatory filing. Most closures are expected by the end of FY26 under CEO Brian Niccol's "Back to Starbucks" turnaround.

Detected & updated continuously · Source: Nebula