36. Starbucks
How Many Stores Closing: 18
Current Value of the Business: $116.51 billion*
In August 2022, Starbucks declared its intention to cease operations in eighteen locations, initially stating sixteen but later revising the figure. This decision marked a significant reduction in their physical presence.

The closure of Starbucks outlets touched several major cities, including Los Angeles, Philadelphia, Seattle, Portland, and Washington D.C., primarily due to safety issues spurred by various troubling events, prioritizing the well-being of both patrons and employees.
