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Starbucks store closures and turnaround 2026

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FIRST ENTRY SEP 24
SEP 24 · Day 1

Starbucks to close approximately 250 stores

Mike Grams is Starbucks' chief operating officer.

Starbucks is projecting net new openings of 440 cafes for fiscal 2026, down from its prior outlook of 600 to 650 locations.

The new cafes will come from Starbucks' international markets.

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