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October 19, 2018

Starbucks closing stores in Europe

SEATTLE (AP) — Starbucks is restructuring its European operations after several years of slowing sales.

The Seattle-based coffee chain is selling 83 company-owned stores in France, the Netherlands, Belgium and Luxembourg to its longtime partner, Alsea. Alsea will also take over operations at 177 other Starbucks locations in those countries which are owned by franchisees.


 
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