- Starbucks is set to close an unspecified number of its company-owned stores across the UK.
- The decision follows a global review of its coffee shop portfolio.
- A consultation process has been launched regarding the proposed closures, which would put jobs at risk.
- Similar portfolio reductions are planned in North America, including a 1 per cent cut in stores and 900 head office job losses.
- Starbucks plans to open 150 stores across the Europe, Middle East and Africa region this financial year.
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