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Starbucks is closing some UK and European stores and cutting jobs to boost profitability, while still expanding in the UK.
Starbucks is closing some company-owned stores in the UK and parts of Europe, including Switzerland and Austria, as part of a global review aimed at improving performance and profitability.
The moves, part of a broader restructuring under CEO Brian Niccol, include a 1% reduction in North American store count and about 900 corporate job cuts.
While exact numbers and locations remain undisclosed, the company emphasized its continued commitment to the UK market, with plans to open 80 new stores there this year.
The changes are intended to enhance customer experience, streamline operations, and support long-term growth, despite recent challenges in sales and profitability.
Starbucks está cerrando algunas tiendas del Reino Unido y Europa y recortando empleos para impulsar la rentabilidad, mientras que todavía se está expandiendo en el Reino Unido.