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The Economic Times
The Economic Times
National
Piyush Shukla

Starbucks store closures: Why is the coffee giant shutting 250 North American locations despite rising sales and earnings forecasts?

Starbucks will close about 250 coffeehouses across North America later this week. The move is the second major round of store closures since Brian Niccol became CEO in 2024, and it comes as the company tries to improve the performance of its existing locations.

The company has not identified the stores that will close. It has also not said how many are in the U.S. or how many have unionized workers. That leaves employees and customers without a store-by-store picture for now.

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