• Starbucks Is Downsizing Dramatically in Europe, a Market It Still Can't Crack

    26 days ago - By Fortune

    Starbucks sbux is selling 83 company-owned stores in France and the Netherlands to its longtime Mexican partner, Alsea SAB alssf
    . Alsea will also provide services to 179 other Starbucks locations owned by franchisees in France, the Netherlands, Belgium and Luxembourg. Alsea, a Mexico City-based fast food operator, already runs 900 Starbucks outlets across Latin America.
    Starbucks plans to close an office in Amsterdam and consolidate its European headquarters in London, which is also being restructured. The closure will impact 186 employees, who will be encouraged to apply to open jobs in...
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