BUSINESS

Starbucks to Close 250 Stores Amid Restructuring

PUBLISHED Sep 24, 2026, 10:06 AM ET

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Starbucks has announced plans to shutter approximately 250 underperforming coffeehouses across North American retail operations by the end of fiscal year 2026. The planned store closures will generate roughly $300 million in pre-tax restructuring charges as the company tackles operational efficiencies. This retail footprint reduction represents about 1% of Starbucks' total network of approximately 18,000 North American locations. The sweeping operational overhaul forms a core component of CEO Brian Niccol's ongoing multi-phase turnaround strategy, which also follows prior regional office consolidations aimed at streamlining corporate overhead and revitalizing in-store customer experiences. Official disclosures confirm that the targeted locations consist strictly of underperforming outlets. Meanwhile, daily business operations across the vast majority of the remaining store network continue normally while leadership executes the phased structural changes.

By Shahbaz A. | JQJO News

Timeline of Events

2025 — Starbucks initiated structural reviews and regional office consolidations as part of CEO Brian Niccol's ongoing corporate turnaround strategy.
On September 24 2026 Starbucks released regulatory filings and corporate disclosures announcing plans to close approximately 250 underperforming coffeehouses across North America.
On September 24 2026 The company incurred approximately $300 million in pre-tax restructuring charges tied to the North American retail footprint reduction.
2026 — Store closures and the broader retail footprint optimization are scheduled to be completed by the end of fiscal year 2026.

News Intelligence

Immediate US impact: Retail customers and local communities tied to the specific 250 underperforming coffeehouses will experience store closures as the optimization plan is implemented across North America.
Possible long-term US impact: The restructuring shifts Starbucks' operational focus toward high-performing retail locations and streamlined corporate efficiency under the ongoing turnaround strategy.
Most affected groups: Retail store employees at the affected 250 locations, local consumers, and Starbucks investors.
Reader priority: Medium

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