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Read More »Starbucks to Cut 600 Coffee Shops and 12,000 U.S. Jobs as Shares Slip
SEATTLE – Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator is still feeling the pain from the faltering U.S. economy. Starbucks said in a statement that 70 percent of …
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