Coffee giant Starbucks announced another 300 store closures in addition to the 600 already planned for this year. In their own terms, the company is scaling back from ‘Venti’ to ‘Grande.’
The news predictably caused company stock value to fall, with shares dropping to $9.16, or, again, in Starbucks’ terms, the price of a small coffee.
If there is a Starbucks near you that is closing, you can always just go to the one right next door.
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