Starbucks is shutting underperforming locations, cutting jobs, and remodeling stores as part of a major turnaround.

The store-closing and refresh plan is not unlike what Founder Howard Schultz did in 2008 when he returned to the CEO chair.

The company plans to close out the fiscal year at the end of September with 18,300 stores in the U.S. and Canada, meaning ...

Starbucks CEO Brian Niccol on Thursday said the company is planning on closing underperforming locations, including those where the coffee chain is "unable to create the physical environment our ...

Brian Niccol vowed to get Starbucks back on track. A year on, sales are looking up, and his plan's in motion to make the ...

Coffee giant Starbucks will lay off workers and close stores as part of a $1 billion restructuring plan, CEO Brian Niccol said in a memo to employees on Thursday.

Brian Niccol said the fast-growing Chinese competitor forces product innovation.

It may be a little harder to find a nearby Starbucks in the coming weeks as the seemingly ubiquitous coffee chain is set to close hundreds of stores across the U.S., including an undisclosed number in ...

Starbucks CEO Brian Niccol announced on Thursday (September 25, 2025) via a letter to the employees that hundreds will be laid off this month. The coffee giant announced that it will close 1% of its ...

Two Cincinnati Starbucks locations are set to close their doors this week. The locations at 4th and Vine and Columbia Parkway ...

Starbucks' CEO Brian Niccol is attempting to revamp the chain, with stores closings and layoffs. Here's what we know.