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Starbucks Plans to Open Hundreds of New Stores

Starbucks plans to open hundreds of new stores across the U.S. and add seating capacity at thousands of existing locations.

The company unveiled its plans during a recent investor presentation. The move comes after it announced last year plans to close hundreds of less profitable stores. Now, Starbucks expects to open up to 175 new U.S. coffee shops this year and around 400 in 2028. This includes smaller-format stores that are 20% cheaper to build. In the first quarter of fiscal 2026, Starbucks delivered same-store sales growth in the U.S. and every major global market.

“Even with our scale, the U.S. coffeehouse growth opportunity for Starbucks is big and broad,” said Mike Grams, chief operating officer. “In fiscal 2028, we expect to ramp to build about 400 net-new coffeehouses across our U.S. company-operated business – with discipline and purpose.”

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About Jasmine Kilman

Jasmine Kilman is Content Director of Connect Commercial Real Estate, covering Chicago and greater Chicagoland, the Midwest, Seattle, and the Pacific Northwest. She covers industry trends, transaction deals, market research, and produces daily news stories. With experience in marketing and communications for academic nonprofits and corporate clients, including Hearst Media, Hilton, and Coldwell Banker, Kilman has written about commercial real estate, environmental, social, and corporate governance (ESG), technology, healthcare, and philanthropy. She was born and raised in California and graduated with a degree in public relations. In her spare time, Kilman enjoys hiking and traveling to new locations with her family.

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