Story perspectives

Starbucks to close 250 underperforming North American stores

By Drooid · Sep 24, 2026, 2:24 PM UTC · How we work

Summary

Story summary

Starbucks announced closure of about 250 underperforming North American stores.
The closures represent just over 1% of Starbucks' roughly 18,000 North American locations.
Starbucks expects $300 million in restructuring charges, including $200 million for lease exits and severance.
Net new openings are projected at 440 stores in fiscal 2026, down from the prior 600-650 target.

1 of 1

Story summary

Starbucks announced closure of about 250 underperforming North American stores.
The closures represent just over 1% of Starbucks' roughly 18,000 North American locations.
Starbucks expects $300 million in restructuring charges, including $200 million for lease exits and severance.
Net new openings are projected at 440 stores in fiscal 2026, down from the prior 600-650 target.