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America’s most popular coffee chain, Starbucks, announced a second quarter earnings drop from $108 million last year to $25 million the same quarter this year.
The Seattle coffee giant (NASDAQ: SBUX) said it recorded one-time restructuring charges of $152.1 million in the quarter that were partly …

In January, Starbucks announced 200 store closings in the United States and have been deciding which stores would be logistically best to close since.
The list of closings announced today can be seen in this pdf:
Starbucks store closings PDF
Even though it will be closing these 200 …

The story of the store that over-expanded. Starbucks has been the butt of many jokes for years because of its odd store locations, sometimes across the street from each other. Well, now it appears that those days are numbered.
Last year, Starbucks closed several hundred stores …

Office Depot announced today that it will be closing 112 stores, or 9% of its North American stores. The store closings will put 2,200 people out of a job.
It also announced the closing of several distribution centers and a cut of how many stores it …