Starbucks plans to close about 1% of North America coffeehouses under “Back to Starbucks” strategy

Bitget2026/09/24 10:56

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Starbucks will close about 1% of its more than 18,000 North America coffeehouses under its “Back to Starbucks” reorganization.
Closures target locations that fall short on customer experience or financial performance; most are expected to finish by fiscal 2026 year-end.
Restructuring charges are estimated at about USD 300 million, including about USD 200 million in cash costs.
Non-cash charges are expected to total about USD 100 million, tied to asset impairments and disposals at company-operated stores.
Fiscal 2026 net new global openings outlook cut to about 440 from 600 to 650, reflecting about 250 North America closures.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Starbucks Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000829224-26-000145), on September 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Starbucks plans to close about 1% of North America coffeehouses under “Back to Starbucks” strategy

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