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Archive for July 2nd, 2008

We’ve long been expecting an announcement like this from Starbucks, and yesterday it finally came. The Seattle-based coffee king said that it will close 600 stores and eliminate 12,000 jobs. With a gallon of gas nearing the price of a venti Mint Mocha Chip Frappuccino, is it any wonder that Starbucks’ speeding growth has quickly shifted [...]

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