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

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• 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. 

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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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