Starbucks expands 250-store shutdown with five Oregon closures
On 29 September, OregonLive. com reported that Starbucks announced the closure of five coffee shops in Oregon, including three in the Portland area, as part of its ongoing plan to shut roughly 250 underperforming stores across North America. The company first unveiled the restructuring on 26 September, saying it would close about 250 U.
S. and Canadian locations, representing roughly one percent of its footprint and costing about $300 million. Subsequent announcements detailed closures in Sacramento, Washington, Southern California, Virginia and San Jose, each citing underperformance and the broader turnaround strategy.