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Starbucks Names All 600 Stores To Be Closed

POSTED: 10:40 am MDT July 18, 2008

Starbucks Corp. has identified all 600 company-owned stores it plans to close in a bid to boost its business and weed out unprofitable locations, including nine stores in Colorado.

Among the stores being closed are a Starbucks in the Denver Newspaper Agency building, one on Denver's 16th Street Mall, two stores in Loveland and one of three stores in Conifer.

The company announced earlier this month that it would close 600 company-owned stores in the U.S., starting in July and continuing through the first half of the next fiscal year. But Starbucks didn't say which locations would be shut down, until now.

The company has seen traffic and its profits decline recently as the faltering economy has led some consumers to question their spending on pricey coffee.

Here is the breakdown of the company-owned stores in Colorado that Starbucks Corp. is closing:

BROOMFIELD:

121st St. & Sheridan Blvd.

CONIFER:

Conifer Town Center

DENVER:

16th St. & Wynkoop

Colorado Blvd. & Alameda Ave.

Denver Newspaper Agency Building

LAKEWOOD:

Colfax & Wadsworth

LONGMONT:

Hwy 119 & Martin

LOVELAND:

The Shops at Centerra

Hwy 34 & Denver

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