New York — Starbucks is taking “significant action” to turn around its struggling business, closing a large number of cafés and announcing a second round of layoffs at its headquarters as part of CEO Brian Niccol’s efforts to resuscitate the troubled chain. Niccol announced Thursday that Starbucks will close hundreds of stores this month, or about 1% of its locations. …
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Six more store closures have been announced by national home furnishings retailer At Home. According to Newsweek, the retail chain confirmed the additional closures in a July 24 court filing. The six stores set for closures are located at: 3271 Market Place Drive, Council Bluffs, Iowa. 101 Randall Road, Lake in the Hills, Illinois. 3175 W 3rd Street, Bloomington, Indiana. …
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A struggling furnishing chain is shutting down six additional stores as it fights its way out of bankruptcy. At Home, the Texas-based home decor chain with 200 stores nationwide, will now shut down at least 32 locations, likely by September. In June, the company said it put 20 stores on the chopping block as it first entered Chapter 11 bankruptcy. An additional six …
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