Starbucks: More robust after restructuring
Friday, June 17th, 2011 at
10:33 pm
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Earlier this year, Howard Schultz released a book about how he turned Starbucks around.
Some people never knew it was in trouble.
Although the world’s largest coffee-shop chain closed hundreds of stores over the past few years, its cafe count never dipped below 16,000.
Starbucks’ sales were hurt but stayed above $9 billion a year.
Still, Schultz was concerned enough to resume the title of CEO in early 2008 and make major changes.
