Starbucks has come forward to explain its new strategy and its recent decision to close 400 stores across the U.S.

Starbucks, one of the most recognizable coffee brands in the world, is undergoing its most dramatic restructuring to date.

CEO Brian Niccol, hired last year from Chipotle to revive Starbucks, no longer wants its stores to be right next to each ...

As part of Starbucks’s reset, CEO Brian Niccol, former CEO of Chipotle and Taco Bell, is attempting to reestablish it as a ...

Starbucks plans to close several stores due to higher competition and costs. The viral holiday obsession sparked pricey ...

Starbucks is intentionally scaling back its presence, closing stores after decades of steady growth. The coffee chain plans ...

A new year is upon us, and a cup of coffee might be just what you need to kickstart 2026. Starbucks could be an option. On ...

The coffee giant shuttered locations concentrated in major cities, as part of CEO Brian Niccol's $1 billion restructuring ...

CNN reported Monday that the iconic Seattle-based coffee giant is planning to close roughly 400 stores nationwide as part of ...

Starbucks turnaround may take years: revenue up but margins hit lows. Valuation is also at a significant premium to peers.