Starbucks plans to close 150 underperforming company-owned stores in dense markets and slow expansion of licensed stores in fiscal 2019, the company announced Tuesday. The expected store-closure rate for 2019 is triple that of a typical year, the Baltimore Business Journal’s sister publication, the Puget Sound Business Journal reports. Licensed Starbucks (NASDAQ:SBUX) stores within other retail stores, in airports and supermarkets have accounted for much of the company’s growth in recent years,…
from https://www.bizjournals.com/baltimore/news/2018/06/20/starbucks-shuttering-150-underperforming-stores.html?ana=RSS&s=article_search
via http://baltimorecheckbook.tumblr.com/post/175078450487
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