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Starbucks Details Store Closings

7/18/2008

Seattle Starbucks Corp. has named all 600 company-owned stores it plans to close in a bid to boost its business and weed out unprofitable locations.

The company announced 50 stores late last week—which included four stores in Alabama, seven in Minnesota and eight in California—saying those locations would be closed by the end of July.

Now the gourmet-coffee retailer has released a list of all stores slated for closure. The largest number of closings will be in California, which will lose a total of 88 stores, including two each in Los Angeles and San Francisco, and 10 in San Diego.

Florida will lose 59 stores, including three each in Tampa and Palm Beach Gardens. Texas will lose 57 locations. Starbucks' hometown of Seattle is scheduled to lose seven units.

The stores are expected to close by early next year. Starbucks did not say when each location would be shuttered. As of Thursday, workers at all of Starbucks' approximately 11,000 U.S. locations had been informed whether their store was on the closing sheet, according to the company.

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