Starbucks Restructures: Store Closures and a New Strategy

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays

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Starbucks shutters stores, axes jobs! Find out why the coffee giant is closing 1% of its US locations and cutting 900 jobs as part of a major Back to Starbucks overhaul. The plan? Upgrade over 1,000 stores, invest in staffing, and ditch failing concepts like Pick Up stores to boost customer experience and financial health. Get the details on severance packages, store upgrades, and Starbucks' strategy to brew up a better future. Hosted on Acast. See acast.com/privacy for more information.

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