(AFP) – Jul 29, 2008
SYDNEY (AFP) — US coffee chain Starbucks announced plans Tuesday to close 61 of its 84 stores in Australia within a week.
The company said on its Australian website that it was undergoing a "geographical refocus" so it could concentrate on the major cities of Sydney, Melbourne and Brisbane.
"This decision will result in the closure of 61 locations throughout the country by August 3," it said.
The move comes after Starbucks in the United States announced earlier this month that it was closing 600 stores.
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