Starbucks to Close About 1% of North America Coffeehouses

Starbucks’ board approved further “Back to Starbucks” actions on September 22, 2026, including closing approximately 1% of its more than 18,000 North America coffeehouses that are not meeting expected customer experience and financial performance standards. The company expects most closures by the end of fiscal 2026 and approximately $300 million in restructuring charges, including $200 million in cash costs for lease exits and employee separations and $100 million in non-cash asset disposal and impairment charges.