Read Larry Connors' blog – Short Term Trading Strategies
"We've closed down 600 bars and we have no plans to close more...The worst is over for Starbucks Coffee," Schultz said in the report. "We're feeling the first signs of a consumption pickup in the U.S."
The chain isn't planning to close any of its locations in France, where it's still losing money, he told Le Figaro.
Newspaper Web site: www.lefigaro.fr
-By Paris Bureau; Dow Jones Newswires; 33-1-4017 1740
(END) Dow Jones Newswires
07-01-09 0156ET
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