None
EN
Starbucks to Close Some US and UK Stores
[]
DMR News
Starbucks has announced that it will cut approximately 900 U.S. jobs and close its worst-performing stores in the U.S. and some in the U.K. as part of a cost-saving initiative.
CEO Niccol’s Turnaround StrategyBrian Niccol, who joined Starbucks as CEO last year after a successful six-year stint at Chipotle Mexican Grill, is leading a wide-ranging turnaround strategy in his first year with the company.
His efforts have included remodeling stores to revamp seating and bringing back self-service condiment bars in an attempt to attract back dissatisfied customers.
Workers United, which represents employees at over 600 of Starbucks’ company-owned stores, is fighting for a contract agreement and has voiced concerns about under-staffing and overwhelmed baristas.
While CEO Brian Niccol’s turnaround strategy is aggressive and may be necessary, it risks alienating employees and further damaging the company’s brand reputation.
['company'
'uk'
'stores'
'niccol'
'sales'
'close'
'customers'
'niccols'
'starbucks'
'workers'
'turnaround'
'strategy']