Corporate$SBUX6:58 AM ETdeveloping · v13

Starbucks to close 250 North American stores, cuts FY26 openings forecast

By BORSA NewsroomPublished Sep 24, 2026, 6:58 AM EDTUpdated Sep 24, 2026, 7:11 AM EDT

Starbucks plans to close about 250 underperforming North American cafes and lowered its FY26 net new store openings view to about 440 from 600-650, citing restructuring under CEO Brian Niccol.

Sentimentbearish 30

Bearish · 30 of 100

Impact70

medium · sector-wide

Confidence95%

high confidence · 13 wires

Eventdeveloping

v13 · alerted to followers

WHAT WE KNOW

Starbucks will close about 250 North American stores this week.
Closures represent about 1% of 18,000 North American locations.