Starbucks to close another 250 coffeehouses in North America

Business Recorder reported that Starbucks will shut 250 weak-performing coffeehouses in North America, as chief executive Brian Niccol widens his effort to revive sales. The filing, made on Thursday, is the latest step in that turnaround plan for the coffee chain.

The new closures follow a similar restructuring carried out a year earlier, which included the iconic Seattle roastery and was estimated at about $1 billion. Starbucks now expects the fresh round to bring roughly $300 million in restructuring charges. The company disclosed these figures in the same filing.

Together they amount to about 1% of the chain's roughly 18,000 North American stores. Most of the shutdowns are scheduled to be completed before fiscal year 2026 closes.