Shares of Starbucks (NASDAQ: SBUX) ticked up in Thursday morning's trading, as traders digested an earnings report released ...

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 ...

Starbucks said Thursday that it will eliminate 900 nonretail jobs and "close many open positions." The coffee retailer will also shutter some of its underperforming stores, CEO Brian Niccol told ...

Starbucks customers may soon notice some changes when they go pick up their favorite morning beverage – a redesigned coffeehouse. The coffee chain announced on Sept. 5 that by the end of 2026, more ...

The coffee chain said it would shutter some underperforming U.S. stores and eliminate 900 corporate jobs as part of a plan to build “a better, stronger and more resilient Starbucks.” By Julie Creswell ...

Starbucks is closing hundreds of stores and announcing layoffs at the corporate level. The closings and layoffs for the coffee giant come as CEO Brian Niccol is trying to turn things around, as ...

Starbucks announced on Thursday plans to close 1% of its North American stores by the end of the month. File photo You may have read that coffee chain Starbucks announced on Thursday plans to close ...

Starbucks announced the closing of 400 underperforming stores in efforts to fulfill the “Back to Starbucks” restructuring plan. The Back to Starbucks plan is an initiative by CEO Brian Niccol, focused ...