Starbucks plans to close hundreds of cafés across North America this week, per WSJ

Sep 24, 2026 · 2:37 PM UTC

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The company expects to incur about $300 million in restructuring charges related to the closures. Read more: unusualwhales.com/news/starb…

Starbucks to Close 250 North American Cafés: WSJ

Starbucks (SBUX) will shut roughly 250 North American cafés this week and take a $300M restructuring charge as CEO Brian Niccol pushes his turnaround.

unusualwhales.com
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Replying to @unusual_whales
This is a bad sign for the economy…
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Replying to @unusual_whales
Not a positive sign for the consumer
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Replying to @unusual_whales
It’s like no one wants to pay $8 for a latte anymore What a shocker
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Replying to @unusual_whales
Dayum 👀
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Replying to @unusual_whales
Or maybe they shouldn’t charge $7 for a matcha
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Replying to @unusual_whales
Eek
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Replying to @unusual_whales
inflation much?
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Replying to @unusual_whales
That’s what happens when you charge $8 for garbage coffee
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Replying to @unusual_whales
Going to miss my 10% coffee and 90% milk
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Replying to @unusual_whales
They’re coffee sucks. Plus there’s no charm at all in a Starbucks. Local cafes ftw 🙌
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Replying to @unusual_whales
Starbucks has definitely fallen off. I think the main reasons are: -Coffee is not that great -Waiting time to get anything is ridiculous -Used to offer great pastries and sandwiches about 15yrs ago. -It’s over priced The end!
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Replying to @unusual_whales
Ah the two right next to each other and the third one down the road from me will certainly miss the 4th one being built less than a mile away from the others.
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Replying to @unusual_whales
Where will I go to buy overpriced burnt coffee, and share the restroom with a homeless man who is bathing in the sink now?
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Replying to @unusual_whales
Nice. You wasted a shit load of money building stores just to close them when you could’ve just paid existing employees more.
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Replying to @unusual_whales
Excellent Starbucks has horrible coffee and drains wallets. Support local coffee shops!
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Replying to @unusual_whales
good. Maybe starbucks should go back to selling coffee and espresso rather than the sugar shit they pander. Also, hire normal people. Take note.
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Replying to @unusual_whales
Good! They are moving their corporate functions to India. Let them move their stores there also. Good luck getting clean water for coffee.
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Replying to @unusual_whales
Let me guess, all in areas with either high minimum wage, high crime, or both.
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Replying to @unusual_whales
Starbucks has sucked for a long time now. Find a great local coffee grind your own beans. Pick a bougie way to make your coffee, drink it.
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Replying to @unusual_whales
They opened two Starbucks within 1 mile of my house. McDonald’s and Chipotle also have 2 locations within 1 mile of my house and if you stretch to 2 miles there’s 4 McDonald’s. We don’t need this many locations 🤦‍♂️
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Replying to @unusual_whales
Maybe flying the CEO private 3 times a week from Newport Beach to Seattle while Americans struggle to pay gas wasn't such a good idea.
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Replying to @unusual_whales
Coffee culture is healing 🙌🏼🙌🏼
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Replying to @unusual_whales
why is that? people stopped drinking coffee in the city? or stopped going to $SBUX for their coffee?
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Replying to @unusual_whales
Probably closing the stores that are trying to organize as a union
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Replying to @unusual_whales
Starbucks is closing HUNDREDS of cafes across North America, per WSJ... The $8 coffee era is over. When the biggest coffee chain on earth starts shrinking, the consumer is telling you something LOUD 😂 BEARISH for the market when the consumer is screaming! $SPY $VOO
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Replying to @unusual_whales
Starbucks' book hasn't been in a good place for a while now. Shareholders are sitting on negative equity. Get out of this stock while you still can. $SBUX
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Replying to @unusual_whales
Who drinks that shitty industrial coffee to begin with
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Replying to @unusual_whales
I am not invested bit this is an interesting development. I wonder what the reasons are... To be fair to get a venti vanilla shot latte nowadays costs about £6.00. Can you imagine the people doing that daily? That would be a coffee subscription of £6.00x30= £180 a month!! 😱
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Replying to @unusual_whales
Buy and brew your own. Then buy a tumbler that keeps it hot for 12 hours.
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Replying to @unusual_whales
Maybe supporting Israel and their Genocide is bad for business afterall? Who knew?
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Replying to @unusual_whales
Looks like millennials stopped buying $7 lattes so they can save up for a home
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Replying to @unusual_whales
How much you wanna bet they’re going to start with the union stores!?
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Replying to @unusual_whales
People must finally be tired of paying for overpriced coffee.
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Replying to @unusual_whales
The stock was already telling this story. Starbucks is nearly 10% under its 50-day and about 15% off its high. Closures usually follow a chart like that, they don't come before it.
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Replying to @unusual_whales
It is obvious that many people will never be able to retire because they will have to work until they can work no longer. When they lose their jobs, they fall into despair and start blaming the rich for their misfortunes. Take your financial education seriously
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