Try GOLD - Free
Starbucks to close stores, cut about 900 jobs
Financial Express Mumbai
|September 26, 2025
STARBUCKS SAID ON Thutrsday it would close underperforming coffee shops,mainlyin North America, and cut about 900 jobs as part of a restructuring plan underCEO Brian Niccol thatwould costabout $1 billion.
-
The company has been revamping its US operations under Niccol’s strategy to restorea traditional coffeehouse atmosphere in stores by reducing wait times in a bid to revive sales, while al
This story is from the September 26, 2025 edition of Financial Express Mumbai.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Mumbai
Financial Express Mumbai
Wilson leaves behind a reset, not a turnaround
EXIT SPOTLIGHTS A TENURE DEFINED BY STRUCTURAL BETS AND UNEVEN DELIVERY
2 mins
April 08, 2026
Financial Express Mumbai
Regulating by analogy
IF LAW BEGINS TO TREAT PURCHASES AS DEPOSITS, IT RISKS BLURRING DISTINCTIONS THAT MATTER BEYOND E-GOLD
4 mins
April 08, 2026
Financial Express Mumbai
Private banks pip PSBs in Q4 deposit growth
PRIVATE SECTOR BANKS reported stronger deposit growth in the January-March quarter compared with their public sector peers, even as the broader banking system continued to face persistent challenges in mobilising deposits.
1 min
April 08, 2026
Financial Express Mumbai
₹2.5L-cr credit cover in the works for war hit biz
Reinsurance plan worth nearly ₹14K cr is also being considered
1 mins
April 08, 2026
Financial Express Mumbai
Late to the party
HONDA MUST HAVE A STRONG PRODUCT PIPELINE AND LOCALISE DEEPLY TO MOUNT A SERIOUS CHALLENGE IN THE CROWDED EV MARKET.
3 mins
April 08, 2026
Financial Express Mumbai
Megacities can Chinamaxx their way out of oil shock
FOR THE EMERGING megacities of Asia, the oil crisis spreading from the Strait of Hormuz is like the acute phase of a chronic condition.
3 mins
April 08, 2026
Financial Express Mumbai
Utterly Amul
From village co-ops to global shelves, India's leading food brand scales new heights
2 mins
April 08, 2026
Financial Express Mumbai
Q4 net profit may touch 9-10%, but future tense
INDIAINC IS expected to turn in a reasonably steady performance, with net profits for the Nifty basket seen growing in the single digits at 6—7% year-on-year, while the broader universe may do better at 9-10%.
1 mins
April 08, 2026
Financial Express Mumbai
Fuel demand spikes on West Asia crisis fears
Diesel & petrol usage surges up to 8% y-o-y in March; LPG consumption declines 13%
3 mins
April 08, 2026
Financial Express Mumbai
Awhole civilisation will die, warns Trump as clock ticks
US TARGETS KHARG ISLAND; WILL NOT HOLD BACK, RESPONDS IRAN
2 mins
April 08, 2026
Listen
Translate
Change font size