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Based on 6 verified sources covering Myanmar, Thailand:
HONG KONG -- Starbucks' abrupt replacement of its CEO has sent shock waves through the industry and stock market, with its new chief inheriting a host of challenges -- one of the biggest being a deep slump in China. [1]
NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol. [2]
Food & BeverageStarbucks CEO seeks China partner to 'compete more effectively' Niccol says over 20 parties have inquired; US chain will keep 'meaningful stake' A Starbucks shop in Shanghai on May 1. The U.S. [3]
TOKYO -- Starbucks will sell a majority stake in its China business to Chinese private equity firm Boyu Capital, concluding a lengthy search for a local partner in an increasingly tough market. [4]
Starbucks to beef up store staffing, go slow on automation rollout SEATTLE, Washington: Starbucks is shifting course on its store strategy—putting people ahead of machines. [5]
By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3 By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3 By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3 [6]
HONG KONG -- Starbucks' abrupt replacement of its CEO has sent shock waves through the industry and stock market, with its new chief inheriting a host of challenges -- one of the biggest being a deep slump in China.
NEW YORK — Starbucks Corporation plans to close stores and eliminate 900 jobs in a $1 billion restructuring effort as the company amps up a turnaround plan under Chief Executive Officer Brian Niccol.
Food & BeverageStarbucks CEO seeks China partner to 'compete more effectively' Niccol says over 20 parties have inquired; US chain will keep 'meaningful stake' A Starbucks shop in Shanghai on May 1. The U.S.
TOKYO -- Starbucks will sell a majority stake in its China business to Chinese private equity firm Boyu Capital, concluding a lengthy search for a local partner in an increasingly tough market.
Starbucks to beef up store staffing, go slow on automation rollout SEATTLE, Washington: Starbucks is shifting course on its store strategy—putting people ahead of machines.
By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3 By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3 By AUNG ZAW MARCH, 2008 - VOLUME 16 NO.3