Starbucks is closing 434 stores in a single quarter

You can find original article here Nrn. Subscribe to our free daily Nrn newsletters. Last week, Starbucks announced that the company would be closing about 1% of its North America stores by the end of the quarter, ending the fiscal year with 18,300 Starbucks cafes in the U.S. and in Canada. Looking at the full picture, Starbucks will have closed 434 locations between the end of Q3 and the end of Q4 — which just ended this past weekend — representing a 2.3% reduction in its North American store count in j ...