Starbucks will close about 1% of its North American cafes in the latest stage of its turnaround. For fiscal 2026, the coffee chain is now projecting net new openings of 440 cafes, down from its prior outlook. The company expects to incur about $300 million in restructuring charges related to the closures. The Starbucks logo is seen at a store in Houston on September 25, 2025. Ronaldo Schemidt | Afp | Getty Images
Starbucks on Thursday announced it will close about 1% of its North
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