Starbucks to Close Hundreds of Stores and Cut Thousands of Jobs in a $1bn Austerity Plan
Starbucks is preparing to write off $1bn in costs and assets by closing hundreds of stores in North America and making further corporate layoffs. Between June and the end of September, 400 US and Canada stores deemed unprofitable and unsuitable for refurbishment were closed or slated for closure. US store managers will find out this</p>