Starbucks abruptly closes dozens of NYC locations in ‘chaotic' downsizing: ‘No warning, no heads up'
1. Starbucks plans to close over 400 stores nationwide amid declining sales. 2. 54 stores in New York City are set to close, affecting prime locations. 3. The closures raise legal concerns over employee rights and labor laws. 4. Increased competition and rising coffee prices add pressure on Starbucks. 5. CEO Brian Niccol pushes for a turnaround amid significant operational challenges.