Archive · 31 Dec 2025
Starbucks Closes 400 US Stores Amid Restructuring
Starbucks, a popular coffee chain, has closed over 400 stores in the United States.
This includes 42 stores in New York City and many others in cities like Los Angeles, Chicago, and San Francisco.
The company is doing this as part of a big plan to make changes and save money, costing about $1 billion.
Starbucks said these stores were not doing well or did not meet their standards.
They plan to open new stores and fix up old ones next year.
Even though they made some money, their profits were not as high because of these changes and other costs.
Starbucks is trying to make things better by focusing on giving customers a good experience.
Starbucks closed over 400 stores in the US, including 42 in New York City, as part of a $1 billion restructuring plan.
The closures were aimed at shutting down underperforming or non-brand-standard outlets.
Starbucks plans to open new stores and remodel existing ones in 2026, focusing on major cities like New York and Los Angeles.
The company reported mixed financial results for the fourth quarter, with net revenues rising 5% to $9.6 billion but profitability under pressure due to restructuring costs.
Global comparable store sales grew 1%, driven by international markets, while US and North America sales remained flat.
- Who
- Starbucks
- What
- Closed 400+ stores in the US as part of a $1 billion restructuring plan
- When
- 2025
- Where
- United States, including major cities like New York, Los Angeles, Chicago, San Francisco, Minneapolis, and Baltimore
- Why
- To shut down underperforming or non-brand-standard outlets and focus on new store openings and remodels in 2026
- Number of Stores Closed
- 400+
- Restructuring Cost
- $1 billion
- Stores Closed in New York
- 42
- Stores Closed in Los Angeles
- 20+
- Stores Closed in Chicago
- 15
- Stores Closed in San Francisco
- 7
- Stores Closed in Minneapolis
- 6
- Stores Closed in Baltimore
- 5
- Total Stores in US and Canada
- 18,000+
- Fourth Quarter Net Revenues
- $9.6 billion
- GAAP EPS
- $0.12
- Adjusted EPS
- $0.52
- Global Comparable Store Sales Growth
- 1%
- US and North America Comparable Store Sales
- Flat
- International Comparable Store Sales
- 3%
- China Comparable Store Sales Growth
- 2%