Tag Archives: stores

Starbucks is planning to close hundreds of stores and lay off close to 1,000 employees as part of a turnaround effort. In a message to employees, Chief Executive Brian Niccol said the cost-cutting moves were necessary. Store closures will begin immediately, and the affected employees will be notified on Friday, Niccol said. The company has been revamping its slowing business …

A Starbucks coffee shop in New York on Monday, July 28, 2025. Starbucks Corp. is closing stores and laying off 900 corporate employees as part of a turnaround strategy. Bloomberg/Bloomberg via Getty Images/Bloomberg hide caption toggle caption Bloomberg/Bloomberg via Getty Images/Bloomberg Starbucks plans to cut another 900 corporate jobs and close some of its stores in the U.S. and Canada, …

Starbucks closing stores, including iconic Seattle roastery, as CEO deepens restructuring  Reuters Starbucks announces significant store closures and layoffs  CNN Starbucks plans layoffs, store closures. Will Michigan be affected?  Detroit Free Press Starbucks to close stores, slash 900 jobs in restructuring plan  Yahoo Finance Starbucks to close stores, lay off workers in $1 billion restructuring plan  CNBC Source link

Starbucks has said it will cut about 900 US jobs and close its worst performing stores there, as well as shutting some UK stores as part of a cost-saving move. Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and help revive sales. It comes after the …

Starbucks said Thursday it’s closing hundreds of U.S. and Canadian stores and laying off 900 nonretail employees as it focuses more of its resources on a turnaround. The Seattle coffee giant said store closures would start immediately. The company wouldn’t give a number of stores that are closing, but it said it expects to have 18,300 North American locations when …

Starbucks’ iconic Reserve Roastery in Seattle is among the stores the company is closing, Business Insider has learned. Starbucks on Thursday announced it would close many of its corporate-owned stores across North America, targeting locations where the company said it found it is “unable to create the physical environment our customers and partners expect” or where it doesn’t “see a …

Starbucks to Close Stores, Cut Jobs in $1 Billion Restructuring  Bloomberg.com Starbucks announces significant store closures and layoffs  CNN Starbucks to close 1% of North American stores, lay off 900 non-retail employees  Business Insider Starbucks to Cut Hundreds More Corporate Jobs, Close Stores  The Wall Street Journal Starbucks to close stores, cut 900 jobs in $1B restructuring  Axios Source link

Costco isn’t looking like the place to go for Xbox products this holiday. Ahead of the 2025 holiday season, Costco stores have been removing all Xbox consoles, gift cards and products from their shelves across the US. This comes directly after Microsoft’s recent announcement that it would be raising prices on the Xbox Series consoles in response to “changes in …

Costco Wholesale, Sam’s Club and BJ’s Wholesale stores. Getty Images On Costco’s last earnings call, executives were grilled about a problem few companies have: how is the company managing crowded stores and jammed-up parking lots? That dilemma is a sign of the times for membership-based warehouse clubs. More Americans have literally joined the club — fueling growth for Costco, Walmart-owned …

NEW YORK, NEW YORK – MAY 22: Ray Dalio, Founder and CIO Mentor, Bridgewater Associates speaks onstage during The Wall Street Journal’s 2024 The Future Of Everything Festival at Spring Studios on May 22, 2024 in New York City. Dia Dipasupil | Getty Images Entertainment | Getty Images Bridgewater founder Ray Dalio said Friday that gold and non-fiat currencies will …