Starbucks to Close 300 Stores and Open Fewer New Ones
By CLAIRE CAIN MILLER
Published: January 28, 2009
SAN FRANCISCO — Starbucks’s chief executive, Howard D. Schultz, told Wall Street analysts in November that the company’s worst times might be behind it. But as the economic doldrums persist and customers continue to cut back, Starbucks is being forced to make more cuts.
Monday, February 9, 2009
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