Starbucks is closing hundreds of stores, approximately 1% of its total locations, which translates to about 150 to 200 stores in the United States, Canada, and some in the UK and Europe. The closures are part of a $1 billion restructuring plan under CEO Brian Niccol's "Back to Starbucks" strategy to revive the brand and improve financial performance. The stores targeted for closure are those that either fail to provide the desired physical atmosphere or where the company does not foresee a path to financial success. Among the closed stores is also Starbucks' flagship unionized location in Seattle with an in-house roastery. Specific details about which stores are closing include the closure of 80 to 90 "Pick Up" stores in more than 20 states in the U.S., with notable closures in places like California (San Diego, North Ridge, San Francisco), Colorado (Fort Collins), Georgia (Atlanta), Minnesota (Minneapolis), and Texas (Houston) according to community reports. Alongside the store closures, Starbucks is also cutting around 900 corporate jobs, following earlier layoffs of about 1,000 employees earlier in the year. The company plans to focus on remodeling over 1,000 locations with improved seating, power outlets, and a warmer color palette to enhance customer experience. Starbucks will provide severance and support packages for impacted employees, and affected workers will be informed soon. The closures and layoffs are part of the strategic efforts to concentrate resources on stores that can be financially viable and foster a better customer and partner experience.
