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Chatter: Starbucks Allots $1 Billion on Store Renovations to Woo Back Customers","url":"https://stock-news.laohu8.com/highlight/detail?id=2666518543","media":"MT Newswires Live","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2666518543?lang=en_us&edition=fundamental","pubTime":"2026-09-11 02:59","pubTimestamp":1789066774,"startTime":"0","endTime":"0","summary":"Starbucks  is allotting $1 billion to improve its stores' interiors aiming to lure back customers and make them stay longer, the Financial Times reported, citing company senior vice president Dawn Clark.About 1,500 renovations will be done by the end of September, and the program will be expanded in the coming years to include 8,000 or 9,000 of over 11,000 company-operated stores in North America, the Times cited the company's Chief Executive Officer Brian Niccol as saying.Niccol is also targeting $2 billion in cost savings in the next two years, with the company spending about one-tenth 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