04 July, 2008 - Published 09:06 GMT
Starbucks to close 600 US shops
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The coffee chain Starbucks is closing 600 stores in the United States with the loss of 12,000 jobs. It's the latest evidence of the squeeze being exerted on US economy. From New York our North America business correspondent Greg Wood reports:
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http://www.bbc.co.uk/worldservice/learningenglish/newsenglish/witn/2008/07/080704_starbucks.shtml
