Starbucks is closing all locations for ‘racial-bias education’ — and it is going to cost the company millions of dollars (SBUX)

starbucksGetty Images/Zhang Peng

  • Starbucks is closing all locations nationwide for the afternoon of May 29 for “racial-bias education” training.
  • Rough calculations indicate the closures will cost Starbucks $ 12.4 million in lost sales. 
  • “I’ve always viewed this and things like this as not an expense, but an investment in our people and our company,” Executive Chairman Howard Schultz said in an interview with CBS. 

 

Starbucks is closing all of its 8,000 locations across the US for the afternoon of May 29 for “racial-bias education” training. 

See the rest of the story at Business Insider

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Post Author: martin

Martin is an enthusiastic programmer, a webdeveloper and a young entrepreneur. He is intereted into computers for a long time. In the age of 10 he has programmed his first website and since then he has been working on web technologies until now. He is the Founder and Editor-in-Chief of BriefNews.eu and PCHealthBoost.info Online Magazines. His colleagues appreciate him as a passionate workhorse, a fan of new technologies, an eternal optimist and a dreamer, but especially the soul of the team for whom he can do anything in the world.

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