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flag Starbucks to close hundreds of stores and cut 900 jobs in U.S. and Canada to cut costs and boost performance.

flag Starbucks is closing hundreds of stores and cutting 900 jobs in a major restructuring effort aimed at improving performance and regaining customer trust. flag The company announced the move as part of a broader turnaround plan designed to streamline operations and reduce costs by about $1 billion. flag The changes will affect locations in both the U.S. and Canada, with the company emphasizing that the decisions are part of a strategic shift to strengthen its long-term position.

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