Starbucks Closes Multiple Colorado Locations Amid Global Store Reductions
Starbucks has closed at least 11 stores in Colorado as part of a broader plan to shutter hundreds of locations worldwide.
Starbucks has closed at least 11 locations in Colorado, including stores in metro Denver and Fort Collins, following its recent announcement to shutter hundreds of stores across the United States, Canada, and Europe. The closures are part of the company's strategy to address underperforming stores and adapt to changing customer preferences.
"Each year, we open and close coffeehouses for a variety of reasons, from financial performance to lease expirations. This is a more significant action that we understand will impact partners and customers. Our coffeehouses are centers of the community, and closing any location is difficult," said Starbucks Chairman and CEO Brian Niccol.
The company aims to end the fiscal year with nearly 18,300 total locations across the U.S. and Canada. As of June 29, Starbucks operated 18,734 North American locations, according to its third-quarter fiscal year 2025 results report.
In addition to store closures, Starbucks announced reductions in non-retail headcount and expenses, including the elimination of approximately 900 non-retail partner roles and the closure of many open positions.
The specific Colorado locations that have closed include:
- 3617 S. College Ave., Fort Collins
- 112 W. Laurel St., Fort Collins
- 1670 Broadway, Denver
- 1900 16th St., Denver
- 1416 Platte St., Denver (inside the REI store)
- 2975 E. Colfax Ave., Denver
- 5074 E. Hampden Ave., Denver
- 4505 Peoria St., Denver
- 2300 S. Parker Road, Aurora
- 6712 S. Potomac St., Centennial
- 4298 S. Broadway, Englewood
Niccol emphasized the company's commitment to supporting affected employees, stating that efforts are being made to offer transfers to nearby locations where possible. For those who cannot be immediately placed, Starbucks is focusing on partner care, including comprehensive severance packages.
"I know these decisions impact our partners and their families, and we did not make them lightly. I believe these steps are necessary to build a better, stronger, and more resilient Starbucks that deepens its impact on the world and creates more opportunities for our partners, suppliers, and the communities we serve," Niccol said.
Looking ahead, Starbucks plans to increase the number of coffeehouses it operates and aims to redesign more than 1,000 locations in the next 12 months as part of its ongoing efforts to adapt to evolving market demands.
Source
The Denver PostFact-checking
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