Starbucks hitsup US landlords for lower rent
China Daily | Updated: 2009-06-02 08:10
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A man carries a Starbucks coffee as he walks past a Starbucks and a McDonald's restaurant in New York. Bloomberg News |
GREENSBORO, NC: Starbucks Corp, the world's largest coffee-shop operator, is pushing some US landlords for as much as a 25 percent reduction in lease rates, taking advantage of a declining real estate market to save on rent.
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