From the Center
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Starbucks has said it will cut about 900 US jobs and close its worst performing stores there, as well as shutting some UK stores as part of a cost-saving move.
Most of the stores earmarked for closure are in North America and its chief executive said the revamp would reduce wait times and help revive sales.
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Affordability is a 'defining challenge' for Americans, with food costs leading the way, report finds
CNBC
