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Starbucks plans up to 650 new stores this year as turnaround efforts pay off

Company recovery is ‘ahead of schedule’ as coffee customers come back
Starbucks plans to open 600 to 650 company-owned cafes this year after shuttering hundreds of locations in 2025. (Getty Images)
Starbucks plans to open 600 to 650 company-owned cafes this year after shuttering hundreds of locations in 2025. (Getty Images)
CoStar News
January 28, 2026 | 9:44 P.M.

Starbucks is back in growth mode, months after closing hundreds of locations, laying off corporate employees and redesigning its cafes as part of a multiyear turnaround.

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News | Starbucks plans up to 650 new stores this year as turnaround efforts pay off