Starbucks to shut 250 underperforming stores across North America: What did COO say in his message to employees?

Starbucks Corp. is set to shut 250 stores across North America that have been performing below expectations, as the coffee chain redirects its focus towards outlets with greater growth potential.

The closures are scheduled to take place this week and account for roughly 1% of Starbucks’ approximately 18,000 stores across the US and Canada. The company has been streamlining its store network as part of a wider strategy aimed at improving sales and profitability, with a focus on directing customers…