Starbucks to shutter 250 stores in North America, a year after big wave of closings
Americas3 sources2 countries🔦 Under-reported29m ago
Starbucks plans to close 250 stores across North America later this week, marking the company's second major wave of closures following a similar round of shutdowns a year ago. The upcoming closures will target locations that are financially underperforming or failing to meet corporate standards for customer and employee experience.
As of Thursday, the company has not disclosed which specific coffeehouses are slated for closure, the exact distribution of closures between the United States and other parts of North America, or whether any of the affected stores are unionized.
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Arab News (SA)Emphasizes the timing and the rationale regarding underperforming or substandard locations.