"(CNN) - You might start seeing fewer Starbucks shops around. After decades of constant growth, the chain is now shrinking its presence in major U.S. cities. Starbucks plans to close about 400 locations, mostly in large metropolitan areas. It has already closed dozens of storefronts, 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."
"After decades of constant growth, the chain is now shrinking its presence in major U.S. cities. Starbucks plans to close about 400 locations, mostly in large metropolitan areas. It has already closed dozens of storefronts, 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."
Starbucks is reducing its footprint in major U.S. cities after decades of expansion. The company plans to close about 400 locations, concentrating closures mainly in large metropolitan areas. Dozens of storefronts have already shut, including 42 shops in New York City. The closures respond to rising competition in saturated markets, increased remote work reducing commuter traffic, and higher operating costs. Starbucks will shift strategy toward fewer, stronger locations and roll out new store designs starting in 2026. The company aims to optimize store performance and adapt to changing urban retail conditions.
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