Jerzy Lewandowski

June 15, 2026, 1:51 PM EDT. Starbucks announced it will temporarily close some South Korean stores to conduct history lessons, aiming to address the backlash from the recent 'Tank Day' incident. The event sparked public outrage, impacting the company's reputation in the country. Following the announcement, Starbucks stock (NASDAQ: SBUX) declined as investors reacted to potential operational disruptions and reputational risks. The closures highlight the company's efforts to rebuild trust in a key Asian market while managing fallout from culturally sensitive issues.