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Starbucks May Rise on Plans to Cut Staff, Reverse 'Overgrowth'
Bloomberg - 1 hour ago
By Joseph Galante and Duane D. Stanford July 2 (Bloomberg) — Starbucks Corp. may rise in Nasdaq trading today after the coffee retailer, which has doubled in size since 2004, announced plans to retrench, including cutting 7 percent of its workforce
Starbucks to close 600 US stores, rein in growth The Associated Press
Starbucks announces it will close 600 stores International Herald Tribune
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