Starbucks Will Close Stores And Cut 900 Jobs In $1 Billion Restructuring
1. Starbucks to restructure with a $1 billion investment. 2. The company will close 1% of North American stores. 3. Around 900 non-retail jobs will be cut in this initiative. 4. More than 1,000 stores will undergo renovations in the next year. 5. CEO emphasizes focus on efficiency and modernizing store experiences.