Mei Ri Jing Ji Xin Wen·2025-09-26 08:55Group 1 - Starbucks has announced a restructuring plan that includes closing certain stores and reducing staff, with an estimated cost of approximately $1 billion related to store closures and organizational transformation [1] - The company plans to provide $150 million in employee separation benefits as part of the restructuring, which will involve the elimination of around 900 positions [1] - Most store closures are expected to be completed by the end of the current fiscal year, with 90% of the restructuring costs attributed to North American operations [1] Group 2 - Starbucks is considering the sale of its China operations, with a valuation estimated between $5 billion and $6 billion [2] - Hillhouse Capital has reportedly participated in a reverse management roadshow for Starbucks' China business, although the transaction structure has not yet been finalized [2]