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BUSINESSMLive·1d ago

Say goodbye: Beloved coffee shop closing 250 ‘underperforming’ stores by week’s end

Photo · Starbucks
AI TLDR · GEMINI

Starbucks is closing 250 underperforming stores by the end of the week, resulting in $300 million in restructuring costs. Unions have criticized the company for failing to include workers in the decision-making process.

Starbucks is closing 250 underperforming stores by week's end, incurring $300M in restructuring charges, while unions criticize the lack of worker input.

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