Starbucks To Close 600 U.S. Stores

07/09/2008 05:12 am ET | Updated May 25, 2011

SEATTLE — Starbucks Corp. has announced it's closing 600 underperforming stores in the United States.

The Seattle-based premium coffee company also announced Tuesday it expects to open fewer than 200 new company-operated stores in the United States in fiscal 2009.

The company says it will try to place workers from closed stores in remaining Starbucks.