Starbucks finally said how many U.S. stores it closed: The list of locations was bigger than many estimates

"Starbucks released its fourth-quarter earnings on Wednesday, October 30, finally providing an official figure for its recent wave of store closings. The Seattle-based coffee chain shuttered a total of 627 locations worldwide over the three months, ending up with a net closure of 107 stores. More than 90% of impacted locations were in North America, Starbucks said. In the United States, 520 stores were shuttered as part of the company's turnaround efforts, Starbucks disclosed in an earnings release."

"Estimates of store closures varied widely In September, Starbucks announced the shuttering of stores in North America, but it didn't identify specific locations or an exact figure. Working with limited information, news outlets made a number of different estimates at the time, ranging from around 100 closures to over 400. The number disclosed by Starbucks this week is above even many of the higher-end estimates. Moderators of the subreddit r/Starbucks, meanwhile, had created a crowdsourced Google Doc for confirmed closures."

"When reached by Fast Company for comment on store closure locations, a Starbucks representative said the company does "not have that to share." The representative pointed to a September blog post from CEO Brian Niccols and said, "The best place for up-to-date hours of operation for our coffeehouses in the Starbucks app." All part of the plan The significant number of store closures came as part of the company's " Back to Starbucks " restructuring plan, which Niccols has been championing as key to growing the coffee chain's"

Starbucks closed 627 locations worldwide in the quarter, producing a net closure of 107 stores. More than 90% of the impacted locations were in North America, including 520 U.S. stores closed as part of turnaround efforts. Starbucks now operates 40,990 stores globally and 16,864 in the United States. Early estimates of closures ranged from about 100 to over 400, and the disclosed number exceeded many estimates. Moderators of r/Starbucks created a crowdsourced document for confirmed closures. Starbucks declined to share specific closure locations and pointed customers to the Starbucks app for updated hours. The closures are part of the "Back to Starbucks" restructuring plan.

Read at Fast Company