Tuesday July 01, 2008 at 13:17

“Starbucks Corporation (NASDAQ: SBUX) has announced the next step in its multi-faceted plan to transform the company, with a decision to close approximately 600 underperforming company-operated stores in the U.S. market.”

Is economic pressure pushing more consumers out of premium stores? Bad news for green? Wonder how Dunkin Donut and Costco coffee sales are doing.

Starbucks Increases Number of U.S. Company-Operated Store Closures as Part of Transformation Strategy