Starbucks to close stores, cut jobs in $1 billion restructuring push
Key Points: Starbucks announced a major restructuring plan on Thursday that includes shuttering underperforming stores in North America and cutting 900 jobs, as Chief Executive Brian Niccol presses ahead with his strategy to streamline the coffee chain and reignite growth. The $1 billion effort comes as Starbucks grapples with six straight quarters of sales decline…