"Trouble is brewing for Starbucks fans in New York City. The coffee giant announced it will shutter 34 stores across the five boroughs as part of a nationwide downsizing effort that also includes 900 layoffs, per The New York Times. The cuts come amid a broader review of the chain's North American operations, which Starbucks says is aimed at making sure each shop delivers on its promise of a "warm and welcoming space.""
""During the review, we identified coffeehouses where we're unable to create the physical environment our customers and partners expect, or where we don't see a path to financial performance and these locations will be closed," chairman and CEO Brian Niccol said in a statement. The company added that union status was not a factor in which stores got the axe."
Starbucks will close 34 stores across New York City as part of a nationwide downsizing that includes about 900 layoffs and a North American operations review. The review aims to ensure each location provides a warm, welcoming space and to identify stores lacking the physical environment or a path to financial performance. Union status did not determine which stores will close. Closures affect high-traffic Manhattan corners and sites across Brooklyn and Queens. Affected employees will be offered transfers to nearby locations when possible, and those who cannot be placed will receive comprehensive severance packages.
Read at Time Out New York
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