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flag Starbucks is closing 400 U.S. stores to focus on quality, customer experience, and suburban growth.

flag Starbucks is closing around 400 underperforming U.S. stores, including 42 in New York and over 20 in Los Angeles, as part of a $1 billion restructuring under CEO Brian Niccol. flag The move marks a shift from aggressive urban expansion to prioritizing quality, customer experience, and suburban growth amid declining foot traffic, rising costs, and increased competition. flag The company is remodeling 1,000 locations, focusing on drive-throughs and improved amenities, while repositioning stores as inviting “third places.”

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