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See which California Starbucks locations are closing across the state
New York Post • • general
Key Points:
- Starbucks is preparing to close 64 coffee shops across California, representing 2.1% of the state's locations, with closures spanning Northern, Central, and Southern California regions.
- The closures are part of CEO Brian Niccol’s “Back to Starbucks” strategy, focusing on locations that do not meet customer experience standards or financial performance goals.
- Starbucks plans to transfer employees from closing stores to nearby locations, and signage will notify customers of closures starting this weekend.
- Nationwide, Starbucks will close 250 stores in the US and Canada, about 1% of its North American footprint, while investing $1 billion in restructuring and renovating 1,500 stores by September 30.
- The company is also taking a $300 million restructuring charge as part of its broader effort to improve operations and customer experience.
