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Real Deal here is. Store Closures: North America coffeehouse count will decline by about 1% in fiscal year 2025 Will end with nearly 18,300 total Starbucks lo
by orsenthil 1y ago
Real Deal here is.
Store Closures:
North America coffeehouse count will decline by about 1% in fiscal year 2025
Will end with nearly 18,300 total Starbucks locations (company operated and licensed) across US and Canada
Staff Reductions:
Approximately 900 non-retail partner roles eliminated
Additional open non-retail positions closed
Store employees (partners) at closing locations will be offered transfers where possible, or severance packages if transfers aren't available
Who's affected:
Non-retail partners (corporate/support roles) - notified Friday morning
Retail partners at closing coffeehouses - notified during the week of the announcement