Overview

• CEO Brian Niccol said the footprint in the U.S. and Canada will shrink by about 1% in fiscal 2025, ending the year near 18,300 locations.
• The company is eliminating approximately 900 current non‑retail roles and closing many open non‑retail positions.
• Locations were selected for closure where the physical setup falls short of expectations or where no clear path to financial performance exists.
• Investopedia reported around 450 closures already, while Nation's Restaurant News cited a 2.3% quarterly decline, or a net 1.2% decrease over two quarters after openings.
• Starbucks plans to uplift more than 1,000 cafés over the next 12 months and to expand company‑operated stores in fiscal 2026.