Starbucks is closing some of its locations throughout North America, including in Canada, and eliminating around 900 non-retail jobs as part of a $1 billion sweeping restructuring.
The announcement was made Thursday by chairman and chief executive officer Brian Niccol in a post made to the Starbucks website.
“Our goal is for every coffeehouse to deliver a warm and welcoming space with a great atmosphere and a seat for every occasion,” Niccol said. But during a company-wide review, the company identified shops “unable to create the physical environment our customers and partners expect, or where we don’t see a path to financial performance, and these locations will be closed.”
Advertisement
Advertisement
Advertisement
Advertisement
While Starbucks regularly opens and closes stores be