Corporate restructuring
Starbucks to cut 300 U.S. corporate jobs and close some regional offices
The coffee chain says the latest cuts are part of its Back to Starbucks turnaround plan and will not affect coffeehouse employees
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- Deals eBay rejects GameStop takeover bid, citing financing and debt risks The unsolicited cash-and-stock proposal was priced at $125 a share and valued at about $55.5 billion to $56 billion across reports
- Retail Doris Fisher, Gap Co-Founder Who Helped Define Casual Retail, Dies at 94 Fisher opened the first Gap store with her husband, Don, in San Francisco in 1969 and helped shape the chain’s merchandising and image for decades
- Earnings Starbucks lifts outlook after stronger traffic, sales growth The coffee chain reported a second straight quarter of traffic gains and said higher gas prices have not yet changed customer behavior
