Starbucks Closing 250 Stores, Remodeling Hundreds More
Starbucks is closing approximately 250 coffeehouses across North America, marking the second major round of store closures under CEO Brian Niccol as the coffee giant continues reshaping its sprawling retail portfolio. The closures, representing about 2.2% of Starbucks’ 11,149 company-operated North American locations, come alongside a large-scale reinvestment in the locations the company plans to…