A coffee giant that recently closed for an entire day to engage its employees in mandatory “bias training” is closing 150 stores due to a slide in sales.
“Our growth has slowed a bit,” said Kevin Johnson, Starbucks CEO. “I expect better, I think our shareholders deserve better, and we’re committed to address that.”
But it is tough to sell coffee when your stores are closed. Starbucks faced a wave of public outrage after two men were arrested at a Philadelphia store after refusing to leave when asked by staff. The men had not purchased an item.
Johnson acknowledged that closing 8,000 stores for a full day did indeed hurt sales this quarter.
Read the full story from Big League Politics
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