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Starbucks Shutters Hundreds of North American Stores in Portfolio Reset

Starbucks says the review targets locations that fail to meet financial goals or deliver the customer environment it expects.

Overview

  • Media tallies indicate roughly 400 to 450 U.S. and Canada locations have already closed, and the company has not released a comprehensive list.
  • CEO Brian Niccol says the fiscal year will end with nearly 18,300 total stores across the U.S. and Canada, including company-operated and licensed sites.
  • The restructuring includes the elimination of about 900 non‑retail corporate roles as the company reduces overhead.
  • Starbucks plans to uplift more than 1,000 cafés over the next 12 months and expects to return to net store growth in fiscal 2026.
  • Local counts show nearly 20 closures in Greater Boston and 29 in California identified by compiled reports, highlighting immediate neighborhood impacts.