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Starbucks to close 250 stores in North America, expects net 440 new global stores in FY2026
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Starbucks (SBUX.O) announced plans to close 250 stores in North America as part of a restructuring initiative. The company expects to incur approximately $300 million in total restructuring charges, which includes $200 million in cash expenditures. Despite the closures, Starbucks forecasts a net addition of about 440 new coffee shops globally during its 2026 fiscal year. The announcement reflects the company's ongoing efforts to optimize its store portfolio and streamline operations, balancing closures with targeted expansion in other markets.
Source report
Starbucks (SBUX.O) has announced plans to close 250 locations across North America. The restructuring is expected to incur approximately $300 million in charges, including $200 million in cash expenditures.
The company also projects a net addition of roughly 440 new coffee shops globally during the 2026 fiscal year.
Source
金十数据Neutral / independent