Starbucks store closures: List of doomed locations includes another 250 coffeehouses, 1 year after earlier cull

Starbucks Coffee Company announced today that it will close approximately 250 North American stores later this week. This represents about 1% of the Seattle coffee giant’s more than 18,000 North American coffee shops. The company said it reviewed its North American portfolio and identified locations where it is unable to deliver the customer experience it wants, or where there’s no path to acceptable financial performance. Why is Starbucks closing these stores? In a statement...