SEATTLE Starbucks Corp. has named all 600 company-owned stores, including four in Utah, that it plans to close in a bid to boost its business and weed out unprofitable locations.
The company announced 50 stores late last week, saying those stores would be closed by the end of July. Those include four stores in Alabama, seven in Minnesota and eight in California.
Now the gourmet coffee retailer is detailing all stores slated for closure. In Utah, Starbucks will close its Cottonwood Heights store at 7835 S. Highland Drive; its Ogden store at 3685 S. Harrison Blvd.; its Riverton store at 1868 W. 12600 South; and its Syracuse store at 1642 S. 2000 West.
The move to close the stores is a turnabout from Starbucks' aggressive expansion plans. But the company curtailed those plans as it saw traffic and its profits decline recently, as the faltering economy has led some consumers to question their spending on pricey coffee.