: Starbucks is taking what CEO Brian Niccol calls “significant action” to try to turn around its struggling business, announcing a new wave of store closures and corporate layoffs.Starbucks Reveals Hundreds of Store Closures in SeptemberThe coffee chain said on Thursday it will close hundreds of cafés this month, roughly 1% of its locations, as per a report. Starbucks had 18,734 North American stores at the end of June and expects to finish September with 18,300, according to a CNN report. The restructurin ...