Starbucks To Close 250 North American Stores In Second Major Round
Starbucks said Thursday, September 24, 2026, it will close 250 stores across North America later this week, citing weak financial performance and experience shortfalls.[1]
Chief operating officer Mike Grams told employees the stores were chosen for weak financial performance or an inability to meet the company's desired customer and worker experience standards.[1]
Last September, Starbucks closed 627 stores in North America and Europe and cut about 900 non-retail jobs.[1] The company is also retrofitting roughly 1,500 stores and expects that work to be finished by September 30, 2026.[1]
Show source details & analysis (1 source)
📌 Key Facts
- On Thursday, September 24, 2026, Starbucks said it will close 250 North American stores later this week.
- COO Mike Grams told employees the stores were selected for weak financial performance or inability to meet desired customer and worker experience standards.
- Starbucks previously closed 627 stores in North America and Europe and cut 900 non-retail jobs last September, and is retrofitting about 1,500 stores by September 30, 2026.
📰 Source Timeline (1)
Follow how coverage of this story developed over time
September 24, 2026