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The Reason Starbucks Plans To Close Down Over 100 Stores This Year By Dennis Lee Sept. 25, 2025 12:48 pm EST

Starbucks announced today that it is implementing a $1 billion restructuring plan, with intentions to close over 100 cafes. The company anticipates laying off approximately 900 non-retail employees tomorrow. In a letter to employees, Starbucks CEO Brian Niccol explained the store closures this way: "We identified coffeehouses where we're unable to create the physical environment our customers and partners expect, or where we don't see a path to financial performance, and these locations will be closed." Not all employees at shuttered locations will be losing their jobs, however; some will be transferred to alternate locations.

This will bring the total number of

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