Thursday, January 29, 2009

Starbucks Plans to Close 300 More Shops

Grim.

Starbucks plans to close 300 more shops as profit drops
(via MarketWatch):
"Starbucks, battered by slower store traffic and restructuring charges, reported Wednesday its quarterly net profit dropped 69% and announced plans to shut down 300 more coffee shops."
Well, at least the news fits my mood today.

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