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Starbucks to shutter hundreds of stores

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Starbucks plans to close around 400 U.S. stores in the next 18 months.

Company officials announced the planned closures as the coffee shop chain focuses on pickup locations for on-the-go customers.

Starbucks also announced it expects to lose up to $3.2 billion in quarterly revenue due to the COVID-19 pandemic.

Read more from the Puget Sound Business Journal.

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