Starbucks Closing 600 Stores in the U.S.

The Associated Press
Tuesday, July 1, 2008

SEATTLE -- Starbucks Corp. has announced it's closing 600 underperforming stores in the United States.

The Seattle-based premium coffee company also announced Tuesday it expects to open fewer than 200 new company-operated stores in the United States in fiscal 2009.

The company says it will try to place workers from closed stores in remaining Starbucks.

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