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Starbucks Reports First Dip in Customers

Customer traffic down at coffee-shop giant's US stores for the first time

By Marcia Greenwood,  Newser Staff

Posted Nov 15, 2007 9:51 PM CST

(Newser) – Starbucks reported its first-ever decline in US customer visits today, reports Bloomberg. The coffee juggernaut lowered its profit and sales forecast, and shares of its stock fell 8.3%. The profit revision suggests that Starbucks is losing customers to McDonald's and Dunkin' Donuts, where a...   Read full story »

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