Jim Cramer Discusses Starbucks (SBUX)’s Big Turnaround In Detail

Group 1 - Starbucks Corporation (NASDAQ:SBUX) is undergoing an aggressive restructuring plan as part of CEO Brian Niccol's turnaround efforts, which includes laying off 900 non-retail employees and closing under-performing stores [2] - Jim Cramer supports Niccol's strategy, emphasizing the importance of closing laggard stores to improve same-store sales, which can be achieved by boosting sales or maintaining the performance of successful locations [2] - The restructuring is aimed at transforming certain locations that do not fit the traditional coffee house model and enhancing mobile ordering capabilities [2] Group 2 - While SBUX shows potential as an investment, there is a belief that some AI stocks may offer higher returns with limited downside risk [3]