Overview

• Investopedia tallied 467 U.S. locations that shut permanently this week after the company signaled a roughly 1% portfolio reduction.
• Starbucks confirmed a net decline of about 1% in company-operated stores this fiscal year, targeting nearly 18,300 locations across the U.S. and Canada.
• About 900 non‑retail roles were cut last week, with Starbucks saying affected staff will receive severance, extended benefits, and opportunities to transfer where possible.
• Baristas reported abrupt shutdowns and limited notice, posting emotional accounts on TikTok as some learned shifts were their last; a Seattle Reserve site was among the closures.
• Starbucks says it will upgrade more than 1,000 stores over the next year with warmer designs and increased peak staffing, while separate reviews will also close select EMEA locations despite new openings there.