Starbucks to close some US and UK stores

Starbucks announces closure of US and UK stores, cutting 900 jobs and shutting underperforming outlets to reduce wait times and boost sales. The move comes after a previous announcement to simplify the US menu and eliminate 1,100 jobs to address declining sales. While still planning to open 80 new stores in the UK, Starbucks will close stores in the UK, Switzerland, and Austria as part of a strategic cost-saving review.