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Starbucks is investing roughly $1 billion into redesigning its stores to create a cozier customer experience, a strategy now facing scrutiny over its impact on profit margins. Analysts are weighing whether the spending will pay off in improved traffic and sales or simply compress profitability. The initiative comes as Starbucks continues efforts to revitalize its U.S. store experience amid competitive pressure in the coffee and quick-service dining sector.
Sources:Yahoo Finance