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Starbucks to close 150 stores

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Starbucks Corp. announced it will close 150 underperforming U.S. stores in its 2019 fiscal year.

The figure is triple the amount of closures made in recent years, according to The Wall Street Journal.

Starbucks also plans to slow the addition of new stores in airports, supermarkets and other retail locations.

Read more from The Wall Street Journal.

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