Starbucks plans to close a number of underperforming stores and cut about 900 non-retail jobs.

The changes are tied to the company’s “Back to Starbucks” plan, which CEO Brian Niccol said is aimed at strengthening the coffee chain’s long-term growth.

As part of the plan, Starbucks said its overall company-operated store count in North America will decline by about 1% in fiscal year 2025, even as it continues to open new locations. The company expects to end the fiscal year with nearly 18,300 stores across the U.S. and Canada.

RELATED STORY | Starbucks joins protein craze with new beverages

Starbucks said the closures will affect stores where it cannot create the “physical environment” customers expect or where financial performance is lagging.

In addition to store changes, the compa

See Full Page