CVS to Close 900 Stores Over the Next Three Years
CVS Health says it will close hundreds of drugstores over the next three years, as the retail giant adjusts to changing customer needs and converts to new store formats.
Store closings
Starbucks to Shutter all Teavana Stores as Sales Disappoint
Starbucks plans to shutter all its Teavana stores as it seeks to improve its financial performance. The company says it will close all 379 Teavana locations over the coming year. It acquired the mall-based stores in 2012. Starbucks CEO Kevin Johnson noted declining foot traffic at malls. Starbucks also reported global sales growth of 4 percent at established locations, fueled…
