Coffee giant Starbucks says it is closing 200 more U.S. stores and 100 abroad. Nearly 7,000 employees may lose their jobs in a new round of store closures and cost cutting. With quarterly profits down sharply and the economy getting weaker, Starbucks hopes to slash its costs by $500 million this year.
More Bad News Brewing At Starbucks
News & Features Wendy Kaufman · NPR ·