#exstarbucks

He and his spouse acquired a $44 million penthouse suite at the Four Seasons Surf Club Residences, as initially disclosed by The Wall Street Journal. This acquisition was priced below its original asking price of $55 million. The unit encompasses five sleeping chambers, a top-floor veranda, an internal patio, an exclusive parking facility, and a beachfront shelter. Schultz’s declaration coincided…

Last week, Starbucks announced the closure of 1% of its North American stores by the end of 2025, resulting in sudden job losses for hundreds of baristas.  The closures are one part of a $1 billion restructuring strategy dubbed “Back to Starbucks”; the coffee chain will also be laying off 900 corporate employees.  Processing the news in real time, Starbucks baristas have made their feelings about…