ranked for Operations & Turnaround
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Starbucks to Close About 1% of North America Coffeehouses, Cuts FY2026 Net Openings Guidance
Starbucks’ board approved further actions under its “Back to Starbucks” strategy on Sept. 22, 2026, including closing about 1% of its more than 18,000 North America coffeehouses, with most closures expected by the end of fiscal 2026 and about $300 million in restructuring charges ($200 million cash, $100 million non-cash). The company lowered its fiscal 2026 net new global company-operated and licensed coffeehouse openings guidance to about 440 from 600–650, reflecting about 250 North America closures partially offset by higher International openings.
Highlighted Opportunity
Cost Reduction / Performance Improvement
Operations leaders must coordinate North America closures before most exits occur by fiscal year-end 2026
The planned closures and restructuring charges require disciplined execution across store operations, costs, and the reduced opening pipeline.
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