Starbucks CEO on store closings: 'There are going to be many more'

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Starbucks CEO on store closings: 'There are going to be many more'
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Starbucks interim CEO Howard Schultz said more store closures are coming. Union organizers said the chain is targeting recently unionized stores.

"We are beginning to close stores," because of safety issues, interim CEO Howard Schultz said in a video posted to Twitter last week."This is just the beginning. There are going to be many more."

The effort to make workers feel safer could result in more closings, according to Schultz's video, which was first reported by Insider. "One of the primary concerns that our retail partners have is their own personal safety," Schultz said in the video, which was taken during a meeting last week discussing these efforts, according to a spokesperson.The focus on safety is part of Schultz's broader efforts to revamp the company as it tries to fend off a growing unionization drive.

Regarding that store closure, a company spokesperson said at the time that Starbucks opens and closes stores as part of its regular operations, without offering specific reasons.

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