Business · Companies · 8 hrs ago

Starbucks closes US stores while expanding in Brazil

Starbucks closes US stores while expanding in Brazil

Starbucks is closing stores in the United States as it restructures its operations.

It closed another 627 stores in 2025, and the restructuring costs are estimated at $300 million.

In contrast, the company is expanding in Brazil, where it has a network of 130 stores.

Starbucks opened 20 new locations there in 2026.

It aims to open 32 more by December.

The different plans show the company is cutting back in the US while seeking growth in Brazil.

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