SEATTLE Starbucks Corp. significantly scaled back its U.S. expansion targets for the next three years, but expressed hope the summer launch of new beverages would snap a slowdown in traffic. The company also disclosed plans to take yet another crack at the breakfast market, this time with proprietary baked goods and chilled products. —Blaming the challenging economic environment, With profits dropping 28 percent for the second quarter ...
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Contact: Desiree Torres Desiree.Torres@penton.com