Photo: AFP/HECTOR RETAMAL

Starbucks slides after ‘unacceptable’ performance leads to U.S. store closures

Starbucks will triple the pace of US store closures in its coming fiscal year, while accelerating plans to expand in China, as intensifying competition and higher input costs slow its domestic growth forecasts

Topic |   Starbucks

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Photo: AFP/HECTOR RETAMAL
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