Starbucks Closed Over 450 Stores This Week—Is Your Favorite Location on the List?
1. Starbucks closed over 450 U.S. locations, approximately 1% of total stores. 2. CEO Brian Niccol's $1 billion plan aims for a stronger Starbucks. 3. Competitors thrive on faster service, highlighting Starbucks' misalignment with consumer trends. 4. The closures may lead to longer coffee runs and increased prices. 5. Starbucks struggles to balance its cozy café vision with a fast-paced market.