Entries from Seattlest tagged with 'underperformingstores'
July 1, 2008
Things are not well in the land of the mermaid and her coffee empire. Starbucks announced a huge round of layoffs and store closures this afternoon. The coffee giant will be closing 600 stores nationwide and laying off 12,000 of its store employees. The 12,000 layoffs equal about 7% of Starbucks global work force. The layoffs and closures will occur between now and March 2009. No word yet if any local stores will be......
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