Starbucks will close roughly 250 underperforming North American cafes, about 1% of its more than 18,000 locations in the region, marking the second closure round under CEO Brian Niccol. The company also cut its fiscal 2026 net new opening forecast to 440 cafes from a prior 600 to 650, with those additions coming from international markets, while insisting significant long-term growth remains in North America.
Source: https://www.cnbc.com/2026/09/24/starbucks-to-close-250-stores.html