Skip to main content
See every side of every news story
Published loading...Updated

Several Bay Area Starbucks to Close as Coffee Giant Shutters Hundreds of Stores Nationwide

Starbucks plans a $1 billion restructuring including cutting 900 non-retail jobs and closing hundreds of stores to focus on locations with better profitability, the company said.

  • On September 25, 2025, Starbucks announced it will close hundreds of stores across the US, Canada, and Europe and lay off 900 non-retail employees as part of a restructuring plan.
  • The closures and layoffs follow a review that identified stores lacking financial stability or the expected customer environment amid declining market share among Gen Z.
  • Store shutdowns will begin immediately, including 43 Bay Area locations, with the company offering severance and transfers where possible and the union planning negotiations for store transfer rights.
  • Starbucks approved a $1 billion restructure covering $150 million in employee separation and $850 million for store liquidation and lease termination, expecting a net 1% decline in North American stores from 18,734 to about 18,300 this fiscal year.
  • This restructuring aims to prioritize resources toward customer-facing stores to revive growth, while closing underperforming locations and reshaping corporate support under the 'Back to Starbucks' strategy.
Insights by Ground AI

18 Articles

Center

CEO Niccol's shock cure: in a letter he explains that he has identified the non-performing cafeterias. Trade unions in agitation. Closes the roasting of Seattle

·Italy
Read Full Article
Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/yearSubscribe

Bias Distribution

  • 50% of the sources are Center
50% Center

Factuality 

To view factuality data please Upgrade to Premium

Ownership

To view ownership data please Upgrade to Vantage

StartupTalky broke the news in on Friday, September 26, 2025.
Sources are mostly out of (0)

Similar News Topics

News
For You
Search
BlindspotLocal