$SBUX

Starbucks plans to close 250 underperforming stores, including two in Westchester, NY, by the end of the month. The closures will result in $300 million in restructuring charges, with $200 million in cash costs for lease exits and employee benefits. CEO Mike Grams stated the move aims to focus on locations customers love and employees are proud to work at.

Starbucks will permanently close its Village Green Shopping Centre location in Vernon by September 26. The closure is part of a broader plan to shut down 250 North American stores by 2026, incurring $300 million in restructuring costs, according to a regulatory filing. Two other Starbucks locations remain in Vernon.

Starbucks will close its Clematis Street location and eight other Florida stores as part of a broader shutdown of 250 North American locations. The closures, the second major round under CEO Brian Niccol, are due to poor financial performance or subpar customer experiences. The company expects $300 million in restructuring charges and plans to retrofit 1,500 stores.

Starbucks is closing 250 underperforming North American stores, including three on Long Island, as part of a turnaround strategy. The closures represent about 1% of its 18,000 stores. The company aims to enhance in-store experiences and improve financial performance. Same-store sales have grown in recent quarters, according to Morningstar analyst Ari Felhandler.

Starbucks is closing about 250 locations in North America, including one in West Palm Beach. The company's COO attributed the closures to underperformance despite the Back to Starbucks strategy. The Starbucks Workers Union is seeking information and bargaining for impacted unionized stores. Employees will be offered transfers or severance support.

Starbucks announced the closure of 250 stores, about 1% of its North American locations, as part of its Back to Starbucks strategy. The company did not specify which locations will close or provide a timeline. Employees will be offered transfers or severance support. The Starbucks Workers Union, representing 20 affected stores, plans to engage in effects bargaining.

Starbucks announced plans to close about 250 North American stores, citing locations that could not deliver the intended customer experience or achieve acceptable financial performance. This follows a previous round of closures in FY25. Despite closures, Starbucks reported a 7.9% rise in US comparable-store sales for the quarter ended June 28, 2026, with increased transactions and higher spending per transaction. The company is also restructuring its operations in China and expanding in India.

Starbucks will close 250 North American stores, including a Stroudsburg, Pa. location, as part of its restructuring. The closures represent 1% of its 18,000 North American stores. Starbucks Chief Operating Officer Mike Grams cited underperformance and strategy alignment. The company plans to open new stores and supports affected employees.

Starbucks will close 250 underperforming stores in North America, including two in Santa Monica. The company expects $300M in charges, with $200M for lease exits and severance. U.S. same-store sales rose 7.9% in Q2, while revenue fell 1% to $9.3B. The closures are part of a turnaround effort, 'Back to Starbucks,' with 1,500 store renovations planned.

Starbucks is closing 250 stores, including two in North Dakota, as part of a corporate restructuring. The closures target underperforming locations, with affected employees offered transfers or severance. The company has not disclosed how many of the closing stores are unionized.