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South Florida Business Journal will begin closing the first of 600 stores this month, but the company is keeping quiet about the locations, including whether any are in South Florida. Details are still being finalized. Individual stores will be notified by their district manager or regional director about 30 days prior to their anticipated closure, according to Starbucks officials. The closures are to continue through March 2009. Starbucks won't be publishing a full list of the stores "out of respect for our partners," the company said. The company announced July 1 that the stores targeted for closure are spread across all major U.S. markets. About 70 percent of them have opened since the beginning of fiscal year 2006. About 100 of the 600 had previously been scheduled to close. Starbucks (NASDAQ: SBUX) operates about 7,000... [read full story]
