Starbucks sees dramatic fall in profits

Restructuring and "significant transition" for Starbucks Cor-poration has seen its profits crash 96.6% to $5.4m, compared with $158.5m in its fourth quarter last year. The coffee chain’s fourth-quarter results, ended 28 September, and full fiscal 2008 results also reveal a fall in opera-ting profit for the year from $1.1bn in ...

 

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