Starbucks to close 600 stores

SEATTLE Starbucks Corp. on Tuesday announced that it planned to close 600 domestic company stores, which is 500 more than the coffeehouse giant had previously targeted for closure. Officials also said the company would cut back further on new openings planned for fiscal 2009.

Starbucks said it would close most of the units during this year or the first half of fiscal 2009. Officials said they selected locations that were not seen as profitable at the store level

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