Why is Starbucks closing 400 locations?
Management has pointed to saturated city markets, rising labor and rent costs, remote-work traffic shifts, and tougher competition from smaller specialty coffee chains. Starbucks said it will try to reassign affected workers to nearby stores. Shares are down about 6. The specialty coffee chain will close specific locations where we’re unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance, Niccol said in the memo sent to employees and posted on the Starbucks blog.Starbucks closed about 400 locations in September 2025, mostly in large metropolitan areas, including 42 shops in New York City alone. That’s due to rising competition in saturated areas, remote work and higher costs. The company says it will now focus on fewer, stronger locations and new designs starting in 2026.The coffee chain was once wildly popular, but worse drinks, stealthy price hikes, and excessive wait times have left customers fed up. And it’s all about to hit a boiling point. Starbucks Crashout.Why the Boycott Matters When Starbucks sued its own union for a pro-Palestine post, millions of people worldwide chose to stop buying its lattes. In Malaysia, Starbucks’ operator reported a 36% revenue collapse and a $69 million loss, directly blaming the boycott.
What replaced Starbucks in Russia?
A new coffee chain is taking over Starbucks outlets in Russia after the US company pulled out over the invasion of Ukraine. Stars Coffee, which opened its first Moscow café on Thursday, is owned by a pro-Putin rapper and a restaurateur. In the café space, its main rivals include Dunkin’ Donuts and McDonald’s, while brands like Nespresso, Folgers, Keurig, and Maxwell House compete in packaged and at-home coffee offerings. This competitive landscape challenges Starbucks to maintain its market leadership across multiple channels.Personal Cups Starbucks is the first and only national coffeehouse in the U. S. You can use it for every visit to company-owned and licensed stores in the U. S. Canada, including drive-thru and mobile orders.Rather than large chain stores, Australians gravitate toward the personal touch of a small, independent café, where baristas are often highly skilled and passionate about their craft. This intimate café experience, combined with a focus on high-quality coffee, made it difficult for Starbucks to find its place.Starbucks. Starbucks has established itself as the number one coffee brand in the US, known for its premium quality and innovative marketing strategies that have set it apart from the competition.Starbucks, Luckin Coffee and Dunkin’ are the three largest coffee companies in the world, respectively. The largest coffee houses typically have substantial supply-chain relations with the world’s major coffee-producing countries.
Which countries do not have a Starbucks?
Starbucks may dominate in many countries, but Croatia remains one of those exceptions. Some other European counties, like Lithuania, Latvia and Estonia also do not have Starbucks. Starbucks is an American company that operates the largest coffeehouse chain and one of the most recognizable brands in the world.Costa was the largest coffee chain in the United Kingdom (UK) by number of outlets as of January 2019, with 2,655 stores in operation. Starbucks was the only non-British company of the three, with 992 stores.
Which city has the most Starbucks in the world?
Seoul is the most Starbucks-filled city But the city with the most Starbucks in the world is Seoul. The South Korean capital has 284 locations, seven more locations than New York City’s 277. Seven of the 25 most Starbucks-filled cities are outside of North America. Twelve are outside of the US. The world’s 2nd Largest Starbucks is located in Central World, Bangkok, Thailand. ArtLouisCreatives #Travel #fyp #travelphotography #Starbucks.
Which country rejected Starbucks?
For a country famous for independent cafe culture, Starbucks – once rejected by Australians – is achieving what many would have dismissed as impossible. Starbucks may dominate in many countries, but Croatia remains one of those exceptions. Some other European counties, like Lithuania, Latvia and Estonia also do not have Starbucks.