Starbucks closing 600 stores in the US: Financial News - Yahoo! Finance

Tuesday July 1, 4:26 pm ET
Starbucks closing 600 underperforming stores in the United States

SEATTLE (AP) -- Starbucks Corp. has announced it's closing 600 underperforming stores in the United States.

The Seattle-based premium coffee company also announced Tuesday it expects to open fewer than 200 new company-operated stores in the United States in fiscal 2009.

The company says it will try to place workers from closed stores in remaining Starbucks.