30 Jul 2008

No closures of Starbucks in NZ

12:34 pm on 30 July 2008

Fast food operator Restaurant Brands says its Starbucks cafes will remain open in New Zealand, as the American chain closes most of its stores in Australia.

Starbucks is to close 61 of its 84 stores there, leaving only 23 in Brisbane, Sydney and Melbourne by early August.

Starbucks previously announced it would close 600 stores in the United States.

Restaurant Brands owns and operates 45 Starbucks coffee houses in New Zealand.

Chief executive Russel Creedy says there are no plans to close any of its Starbucks outlets and Restaurant Brands will look to open more.