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4 sourcesTracking since 5h ago

Starbucks to close about 250 North American stores

In brief

Starbucks plans to close about 250 coffeehouses in North America, representing about 1% of its locations in the region. The company said the stores are underperforming. The closures are part of CEO Brian Niccol’s turnaround effort to revive sales and bring customers back to its core coffee offering.

Summary written by HeraldLoop from 4 sources · updated 4h ago

What changed

  1. 5h agoStarbucks to shutter about 250 stores in latest round of cafe closures · CNBC
  2. 4h agoStarbucks to close another 250 coffeehouses in America · Business
  3. 4h agoStarbucks is closing 250 stores. Read the memo it sent to staff. · Business Insider

How outlets framed it

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