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Starbucks to close 250 stores this weekfinance.yahoo.com

Starbucks plans to close more unprofitable locations as its turnaround under CEO Brian Niccol continues.

1 points•randycupertino•6 days ago•3 comments•
#starbucks#stores#locations#brian#turnaround#ceo#unprofitable#plans

3 comments

randycupertino6 days ago
> While Starbucks closes some stores, it's remodeling others. On Wednesday, the company announced plans to accelerate coffeehouse redesigns that bring back chairs and a cozier vibe to cafés. Starbucks said it will complete at least 1,500 "uplifts" by the end of fiscal year 2026 and ramp up further in fiscal 2027.

> The company also said it plans to open a technology hub in India next year.

At least it sounds like they are rolling out comfier chairs.

toomuchtodo6 days ago
Offshore technology hub is to replace folks they cut in Seattle and those who wouldn't move to Nashville.

Starbucks to Outsource Some Tech Work After Corporate Shake-Up - https://www.bloomberg.com/news/articles/2025-02-25/starbucks... | https://archive.today/0Rk4B - February 25th, 2025

spottedmarley6 days ago
It's a good start, I hope they keep going.

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