Starbucks to close 61 Australian outlets
| Source: | Lateline Business |
|---|---|
| Published: | Tuesday, July 29, 2008 9:40 AEST |
| Expires: | Monday, October 27, 2008 9:40 AEST |
The economic slowdown in the US and poor real estate decisions have hit global coffee giant Starbucks. It plans to close almost two thirds of its stores in Australia with nearly 700 jobs to go.
