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#7
07-02-2008, 11:45 AM
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Starbucks is NOT losing money. They just over expanded into questionable locations...like suburban shopping centers. The senior management responsible for that is gone. Plus there are lots of competitors nearby like Coffee Bean and Peets, even 7-11. After the reduction Starbucks will still have around 7,000 locations.
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GO BIG BLUE! 
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