Brian Niccol

Money Moves

Leading the restructuring; hired to revive sales and store experience

Starbucks will permanently close five Washington coffeehouses and cut eight jobs at its Seattle headquarters, part of a 250-store North American restructuring. The state filing covers 51 workers, with separations running from November 14 to December 4.

Updated Oct 24

Money Moves

As of October 2026: Current CEO overseeing two rounds of store closures

Starbucks told Pennsylvania it will close two Philadelphia stores on December 6, 2026, listing 18 employees on a layoff notice the state posted October 7. The federal WARN Act requires 60 days' warning before a mass layoff or closing, so the filing is a statement of intent, not a report that the jobs have ended. The notice names the stores at 2201 South St. and 1018 N. Second St.

Updated Oct 10

Money Moves

As of September 2026: Leading the 'Back to Starbucks' turnaround plan

The nation's newest Starbucks has six seats and opens at 6 a.m. inside the InterContinental Hotel on Atlantic Avenue. The Boston Licensing Board approved its food-service license the same week the company said it would close 250 locations, including one a few blocks away at 125 Summer St.

Updated Sep 26