00:00Starbucks closed 250 North American stores this week as CEO Brian Nickel continues his push
00:07to reshape the coffee giant. The locations were identified as either underperforming financially
00:13or falling short of the company's desired customer and employee experience.
00:18Starbucks closed 627 stores across North America and Europe last year and is continuing to remodel
00:25locations to create a more inviting store environment. The latest closures are expected
00:30to carry roughly $300 million in restructuring costs.
