//Starbucks permanently closing 400 of its North American stores amid economic fallout from virus

Starbucks permanently closing 400 of its North American stores amid economic fallout from virus

Starbucks Corp. fears the economic fallout spurred by the coronavirus pandemic will reduce sales of this quarter by up to $3.2 billion, a heavy blow to the most popular coffee house chain in the world.The Seattle-based chain announced it would permanently shut down around 400 stores in North America over the next 18 months while axing the openings of new stores by half to around