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

  • By cvbizz
  • June 10, 2020
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via wyff.com

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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

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