Despite Closures, Starbucks Says It Is Opening 300 Net New Stores in the U.S.

Starbucks today announced plans to shutter some 400 U.S. locations while also opening 300 net new stores during fiscal 2020 instead of the 600 it had originally planned at the beginning of the year. In addition to the store closures in the U.S., Starbucks will close up to 200 additional stores in Canada over the…

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