Starbucks said Thursday that it expects to end its fiscal year with 18,300 stores in North America, down 124 from last year.
WASHINGTON — Starbucks said Thursday it’s closing hundreds of U.S. and Canadian stores and laying off 900 nonretail employees as it focuses more of its resources on a turnaround.
The Seattle coffee giant said store closures would start immediately. The company wouldn’t give a number of stores that are closing, but it said it expects to have 18,300 North American locations when its fiscal year ends on Sunday, which is 124 fewer than it had at the end of its 2024 fiscal year. As of
→ Continue reading at KGW TV