Workflow
Starbucks to shut cafes and sack 900 staff in £750m turnaround plan

Starbucks plans to close scores of cafes and sack 900 people in a push to turn around the struggling coffee chain. Brian Niccol, the company’s chief executive, outlined the plans in a letter to employees on Thursday. He said the chain would shut locations that were unable to “deliver a warm and welcoming space” or meet financial targets. The overhaul will involve closing more than 100 shops in North America and locations in the UK – though Starbucks declined to give an overall total – while 900 “non-reta ...