Starbucks plans to close about 250 North America stores later this week
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Starbucks plans to close about 250 North America stores (~1% of its regional base), highlighting underperforming locations despite broad profitability and implying near-term restructuring and potential one-time costs. Separately, a Florida DEI lawsuit settlement requires companywide removal of race- and sex-based hiring targets and ongoing compliance certifications, potentially constraining HR and governance initiatives while reducing legal overhang.
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Starbucks said it will close roughly 250 coffeehouses across North America later this week, about 1% of its more than 18,000 locations in the region. The company said most of its North America stores are profitable but a small portion has struggled to meet performance expectations. Separately, Starbucks settled a Florida DEI lawsuit, agreeing to pay the state $1 million and stop using race- and sex-based goals, quotas and preferences in employment practices companywide, ending a case filed by the Florida attorney general in December 2025.
