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Starbucks to close 250 more cafes in North America
AFP4h agoneutral
Starbucks to close 250 more cafes in North America

Starbucks will close 250 more cafes in North America in its latest drive to improve financial returns, the coffee company announced Thursday.The closures announced Thursday follow a move a year ago to eliminate hundreds of other North American stores when Niccol also announced that 900 administrative jobs would be eliminated.

People Can’t Afford McDonald’s
24/7 Wall St.6h agoneutral
People Can’t Afford McDonald’s

McDonald's is betting a menu overhaul can win back customers who are quietly disappearing, but forces far beyond the golden arches may already be deciding the outcome.

Starbucks Will Close 250 More Cafes as Part of CEO Niccol’s Turnaround Plan
Barrons.com7h agoneutral
Starbucks Will Close 250 More Cafes as Part of CEO Niccol’s Turnaround Plan

Starbucks announced another round of closures for locations across the U.S. and Canada on Thursday. The company cited CEO Brian Niccol’s yearslong strategy to revive its brand and boost profitability. Chief Operating Officer Mike Grams said Starbucks will close about 250 cafes in North America, representing about 1% of its 18,000 locations.

Starbucks Plans to Close 250 North America Stores and Record $300 Million Charge
InvestorsHub8h agoneutral
Starbucks Plans to Close 250 North America Stores and Record $300 Million Charge

Starbucks (NASDAQ:SBUX) plans to close 250 underperforming stores in North America and expects to record approximately $300 million in restructuring charges related to the move, according to a regulatory filing. The planned closures represent about 1% of Starbucks’ approximately 18,000 locations across North America.

Starbucks to Close 250 North America Locations This Week
QSR9h agoneutral
Starbucks to Close 250 North America Locations This Week

Starbucks announced Thursday it’s closing about 250 North America locations later this week, or roughly 1 percent of the company’s 18,000-plus store portfolio. Chief operating officer Mike Grams, who was promoted to the role in June 2025 after joining the company from Taco Bell that January, said Starbucks “carefully reviewed” locations and identified restaurants “we […]

Starbucks Targets Hundreds of Cafes in New Round of Closures
The Wall Street Journal11h agobearish
Starbucks Targets Hundreds of Cafes in New Round of Closures

Starbucks plans to close hundreds of cafés across North America this week, the latest move under Chief Executive Brian Niccol to streamline and boost the profitability of its operations. The closures mark the second round of café cuts under Niccol, who joined the coffee giant in September 2024. The company’s fiscal year concludes later this month, which is around the same time when Niccol announced hundreds of store closures last year.

Starbucks (SBUX) Is Back. Next Up: A $1 Billion Cafe Makeover
Insider Monkey1d agoneutral
Starbucks (SBUX) Is Back. Next Up: A $1 Billion Cafe Makeover

On September 10, 2026, CNBC reported that Starbucks Corporation (NASDAQ:SBUX) CEO Brian Niccol declared “Starbucks is back” two years into his tenure and outlined the next phase of the company’s turnaround, centered on renovating thousands of cafes and further improving customer service. More than 1,000 stores have already been refreshed over the past nine months. […]

McDonald's vows to improve food, customer experience in new growth strategy
Yahoo Finance Video1d agoneutralVIDEO
McDonald's vows to improve food, customer experience in new growth strategy

Fast-food chain McDonald's (MCD) announced the launch of its new "NEXT" initiative at its investor day, promising to provide better food and improve customer experiences at their locations. The 8:30 Hosts Julie Hyman, Jake Conley, and Pras Subramanian discuss what this investment may ultimately look like.

Is Starbucks (SBUX) Reasonable After Its 14% Run And Margin Pressure?
Simply Wall St.2d agoneutral
Is Starbucks (SBUX) Reasonable After Its 14% Run And Margin Pressure?

Starbucks shares have quietly delivered a 14.1% gain over the past year, even as recent weeks have been choppier. This puts a fresh spotlight on whether the current valuation still lines up with the cash the business can generate over time. Over the last 12 months, Starbucks has delivered a 14.1% share price return, so anyone looking at the stock today is effectively asking whether that move already reflects its underlying cash flows. Management is focusing on store remodels and a "Back to...

Ex-Starbucks CFO joins Jack in the Box board
CFO Dive3d agoneutral
Ex-Starbucks CFO joins Jack in the Box board

The restaurant chain’s appointment of Rachel Ruggieri is part of its ongoing board refresh efforts as it continues a plan to pay down its debt and improve its capital structure.