STARBUCKS (SBUX) announced it plans to close about 600 under-performing company stores (about 8% of the more than 7,000); there is a joke that there are too many Starbucks - in some areas it is possible to sit and sip the famous coffee in one Starbucks, while watching customers at the Starbucks across the street do the same thing.
Denmark is officially the first EU country in recession - the GDP fell 0.2% last quarter in 2007 and another 0.6% first quarter this year.
Thursday, July 3, 2008
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