Starbucks

As part of its "Back to Starbucks" strategy, Starbucks will close roughly 250 unprofitable stores in North America; restructuring costs are estimated at about $300 million. At the same time, the company is reshaping its Asia structure, building a tech hub in Chennai with 800 jobs and pursuing an asset‑light model in India. A $1 billion re-design is intended to convert stores from pickup-only stations into places to linger; CEO Brian Niccol and COO Mike Grams are driving the initiatives. » Mais em finanzen.net

Starbucks announced the closure of 250 unprofitable stores in North America, about 1% of its roughly 18,000 locations; the move is to be largely completed by the end of fiscal 2026. Restructuring costs are estimated at around $300 million. At the same time, the company cut its global new-store opening target for 2026 from 600–650 to about 440 stores and, under CEO Brian Niccol, is focusing on shorter wait times, simpler menus and operational investments to boost sales. Despite inflation, demand for Starbucks specialty drinks has recently remained robust, while the company is cutting administrative roles and closing regional offices. » Mais em spiegel.de

Starbucks will spend about $1 billion to remodel up to 9,000 company‑operated North American locations and aims to complete 1,500+ renovations by the end of fiscal 2026 after refreshing over 1,000 stores in the past nine months. The rollout accompanies improving operations and traffic — global comparable sales rose 7.9% in fiscal Q3 and North America comps climbed 8.1% — and management targets an operating margin as high as 15% by fiscal 2028. Risks include heavy ongoing investment and execution challenges in scaling renovations while restoring profitability and store productivity. » Mais em finance.yahoo.com