Starbucks releases full list of store closures; four in Birmingham included
Starbucks has released the full list of 600 underperforming stores it plans to close across the country, including four in Birmingham and 12 total in Alabama.
The company announced earlier this month that it will close the underperforming stores by the first half of its 2009 fiscal year in an effort to transform the company.
The four Birmingham stores slated for closure include one in Roebuck Plaza, one at University Boulevard and 20th Street South, one in SoHo Square in Homewood and one on Rocky Ridge Road, a news release said.
Other Alabama cities affected include five in Mobile, one in Gulf Shores, one in Huntsville and one in Orange Beach.
California will lose 88 stores and Florida will lose 59 - the two hardest-hit states. Georgia, Louisiana and Tennessee will close 13 each. Washington State, where the company was founded, will see 19 close.
According to the news release, partners in the stores have been notified of the closure.
Starbucks said it now expects to open fewer than 200 new company-operated stores in its 2009 fiscal year.
Original Source : http://www.bizjournals.com/birmingham/stories/2008/07/14/daily33.html
