Starbucks is closing about 250 more of its cafes — is the coffee chain in trouble?
Starbucks announced it will shutter about 250 stores in its latest round of U.S. cafe closures.
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It's just 1% of stores. I'd call this tweaks in a restructuring plan that so far seems to be going pretty well. Side note: In our neighborhood, two years ago they opened a new store directly across the street from an existing store. A year later they closed both. That to me is confusing.