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Starbucks to close another 250 coffeehouses in North America

Starbucks will close 250 underperforming coffeehouses in North America, the company said in a regulatory filing on Thursday, as CEO Brian Niccol deepens his turnaround push to revive sales. The closures come a year after Starbucks shut down several underperforming stores in North America, including its iconic Seattle roastery, in a restructuring effort that was estimated to cost the company about…

Starbucks to close another 250 coffeehouses in North America

We haven't written up this one. Business Recorder has the full story — the link below goes straight to it.

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