HolyCoast: It's Going to Get Harder to Find a $5 Cup of Coffee
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Tuesday, July 01, 2008

It's Going to Get Harder to Find a $5 Cup of Coffee

Bad news for people who like to spend too much for their coffee:

SEATTLE (AP) -- Starbucks Corp. has announced it's closing 600 underperforming stores in the United States.

The Seattle-based premium coffee company also announced Tuesday it expects to open fewer than 200 new company-operated stores in the United States in fiscal 2009.

The company says it will try to place workers from closed stores in remaining Starbucks.

The good news for the workers is they'll only have to walk a block or two to get to their new store.

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