It’s 1:00 PM - do you know where your Starbucks store is?

A couple of years ago, new Starbucks stores were popping up like dandelions in the spring.

Now Starbucks stores are closing almost as fast. And that was before the economy downturn that hit hard in the summer of 2008.

Look for even more Starbucks stores closings in 2009.

A report from last July, found at the link below, says:

Starbucks, known for sometimes going so far as to open stores across the street from one another, has recently acknowledged that it may have lost some of its luster during a long period of rapid store openings.

Starbucks Corp. said it has drastically increased the number of stores it plans to close and could eliminate as many as 12,000 full- and part-time positions as a result.

The company said it now plans to close 600 company-operated stores in the United States.

Commuters in some locations could buy their first coffee of the day at their suburban train station, a second at a Starbucks one block from the downtown train station and a third in the lobby of their office building while walking by two others on the way.

Link