Starbucks to Close ~130 Underperforming Stores, 28 in Greater Bay Area, in $1 Billion Restructuring

Coffee giant to shutter locations that can't meet brand standards and cut 900 corporate roles as part of strategy to refocus on customer experience Starbucks Corporation announced a sweeping $1 billion restructuring plan on September 23, aimed at streamlining operations and redirecting resources toward improving the customer experience as part of CEO Brian Niccol's "Back […]