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Mike Grams

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Starbucks closes 250 underperforming North American stores, including four in Virginia
business3 days ago

Starbucks closes 250 underperforming North American stores, including four in Virginia

Starbucks is closing 250 locations across North America, representing roughly 1% of its 18,000-store network. The closures, announced by Chief Operating Officer Mike Grams, target stores that fail to meet financial or customer experience standards. In Virginia, four locations are shutting, including two in Richmond, one in Charlottesville, and one in Harrisonburg. This is the second major round of closures under CEO Brian Niccol, who joined in 2024. Employees will be transferred where possible or offered severance. The move follows a previous closure of 627 stores in 2025 and coincides with rising global comparable-store sales.