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Starbucks to close 600 stores in the U.S.
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7-2-2008 6:11 AM
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/43244f10-5ea7-4de2-9536-982d2b4106a5/E0FB068B-14EF-4D00-8E7D-7EC664267468/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.msnbc.msn.com/id/25482250/" href="http://www.msnbc.msn.com/id/25482250/" style="font-size: 11px;">www.msnbc.msn.com</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.msnbc.msn.com/id/25482250/"><H1>Starbucks to close 600 stores in the U.S.</H1><H2>Company greatly increases plans for store closures amid weak economy</H2><TABLE width="624" cellspacing="0" cellpadding="0" border="0"><TBODY><TR><TD width="1%" valign="top"><A id="linkImgRelatedPhotos"><IMG hspace="0" vspace="0" border="0" alt="" src="http://msnbcmedia.msn.com/j/msnbc/Components/ArtAndPhoto-Fronts/BUSINESS/080701/080701-starbucks-hmed-1p.h2.jpg" /></A></TD></TR></TBODY></TABLE></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.msnbc.msn.com/id/25482250/"><DIV><DIV class="textMedBlackBold">By Allison Linn</DIV><DIV class="textMedBlack">Senior writer</DIV><DIV class="textMedBlack">MSNBC</DIV><DIV class="textTimestamp"><SPAN id="udtD">updated <SPAN class="time">6:29 p.m. ET </SPAN><SPAN class="date">July 1, 2008</SPAN></SPAN></DIV></DIV><P class="textBodyBlack"><TABLE cellspacing="0" cellpadding="0" border="0" align="left"><TBODY><TR><TD><LINK href="http://www.msnbc.msn.com/default.ashx/id/3027626/" type="text/css" rel="stylesheet" /><DIV class="box_3027626 sitewrapperbox"><TABLE width="102" cellspacing="0" cellpadding="0" class="boxH_3027626"><TBODY><TR><TD width="1%" class="boxHI_3027626"><IMG hspace="0" height="20" width="100" vspace="0" border="0" src="http://msnbcmedia.msn.com/i/msnbc/Components/ColorBoxes/Styles/img/byline_msnbcDotCom.gif" /></TD><TD nowrap="" width="*" class="boxHC_3027626"><DIV class="hauto textSmallBold"></DIV></TD></TR></TBODY></TABLE><TABLE width="102" cellspacing="0" cellpadding="0" class="boxB_3027626"><TBODY><TR valign="top"><TD><IMG hspace="0" vspace="0" border="0" alt="Alison" src="http://msnbcmedia4.msn.com/j/msnbc/Components/Bylines/mugs/MSNBC Interactive/msnbc_linn_allison_smile2.thumb.jpg" /></TD></TR><TR valign="top"><TD class="boxBI_3027626"><DIV class="textMed"><B>Allison Linn</B></DIV><DIV class="credit">Senior writer</DIV><HR width="85%" size="1" color="#cccccc" align="center" /><DIV><SPAN class="bulletRedSmall">• </SPAN><SPAN class="textMed"><A href="http://www.msnbc.msn.com/id/16314781/">Profile</A></SPAN></DIV><DIV><SPAN class="bulletRedSmall">• </SPAN><SPAN class="textMed"><A href="http://www.msnbc.msn.com/id/25482250/mailto:allisonlinn@msnbc.com">E-mail</A></SPAN></DIV></TD></TR></TBODY></TABLE><TABLE width="102" cellspacing="0" cellpadding="0" class="boxF_3027626"><TBODY><TR><TD class="boxFI_3027626"><DIV class="textSmall"></DIV></TD></TR></TBODY></TABLE></DIV></TD></TR></TBODY></TABLE>The old joke that there’s a Starbucks on every corner may soon not ring quite as true.</P><P class="textBodyBlack"><SPAN id="byLine"></SPAN>Starbucks Corp. said Tuesday that it has drastically increased the number of stores it plans to close and could eliminate as many as 12,000 full- and part-time positions as a result.</P><P class="textBodyBlack"><SPAN id="byLine"></SPAN>The company said it now plans to close 600 company-operated stores in the United States, up from its previous plans to close 100 stores.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/E0FB068B-14EF-4D00-8E7D-7EC664267468/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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