Starbucks said Thursday it's closing hundreds of stores in the U.S., Canada and Europe and laying off 900 nonretail employees as it focuses more of its resources on a turnaround. The Seattle coffee ...

Starbucks is continuing to reshape its store footprint as part of a sweeping turnaround effort to reverse declining customer ...

Starbucks is laying off around 900 non-retail employees and closing some U.S. and Canadian stores as it focuses more of its resources on a turnaround.

Starbucks plans to shutter five coffeehouses, including four unionized stores, in Seattle next month. The affected stores are ...

Corporations often employ knee-jerk reactions and swift changes to appease an enraged public when controversy arises.

According to Starbucks, the five stores are set to close in early April.