Starbucks’ woes continue with further store closures

Starbucks has announced plans to close a further 300 under-performing stores - 200 in the US and 100 internationally. However, details have yet to be released on whether UK stores will be affected. Starbucks is the fourth-biggest bakery retailer in the UK, behind Greggs, Subway and Costa, according to the British Baker’s Top 50 league table of bakery retailers, based on store numbers in 2008; it opened 99 stores in the UK last year.

 

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