Starbucks (SBUX) Store Closings For July 2008

Posted: July 12, 2008 at 5:12 am

Here is the list of stores that Starbucks (SBUX) will close in July 2008.

Starbucks plans to close a total of 600 stores and lay-off 12,000 full-time and part-time employees in an effort to save money now that its US same-store sales are slowing considerably.

Based on information obtained by 24/7 Wall St., Michigan, one of the hardest hit states in the economic downturn, will lose 20% of its Starbucks stores.

Douglas A. McIntyre

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