Starbucks to shutter 250 stores in North America this week in 2nd wave of closings

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• 01Starbucks to shutter 250 stores in North America this week in 2nd wave of closings.
• 02It is the second big round of store closures under Starbucks Chairman and CEO Brian Niccol , who joined the company in 2024.
• 03Last September, Starbucks closed 627 stores in North America and Europe.
• 04In a letter to employees, Starbucks Chief Operating Officer Mike Grams said the locations targeted either aren't delivering acceptable financial results or can't provide the kind of experience that Starbucks wants for customers and employees.
• 05Starbucks stores that have voted to unionize , said 20 unionized stores are among the 250 that are closing, or 8% of the total.
• 06Starbucks stores have been voting to unionize since late 2021, but the union and the company have yet to reach a labor agreement.
• 07Starbucks Workers United, which represents workers at the 700 company-owned U.S.