whadu
Level 46: Minus World
Posts: 28594Timestamp: Fri Jul 18, 08 10:58 AM
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| Post URL: Starbucks releases 600-store closure list
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Freedom Blogging: Starbucks finally has released the official list of all 600 stores it’s closing, and Arizona is pretty much unscathed. The only location in the state to get the ax is a Starbucks along I-10 in Eloy.
Compare that to California, where 88 locations are closing, or Texas, which is losing 57. Even Minnesota, which has a million fewer residents than Arizona, will see 27 closings.
Besides Arizona, other states losing only one Starbucks are New Hampshire, Delaware and South Carolina.
Starbucks announced plans to close 600 stores earlier this month in an effort to boost profitability and its slumping stock price. The closures are expected to take place by March 2009.
See the full list of closings here: www.starbucks.com/aboutus/USStoreClosureInfo.pdf
Source: Freedomblogging.com
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