Starbucks store closures: Why is the coffee giant shutting 250 North American locations despite rising sales and earnings forecasts?
Starbucks plans to close 250 North American coffeehouses this week, trimming roughly 1% of its 18,000 locations across the continent. The decision marks the second major wave of store shutdowns under Chief Executive Officer Brian Niccol, who took over leadership in 2024. During a similar restructuring last September, the company…
The Economic Times ·