Starbucks to Downscale Number of CDs Sold in CoffeehousesAuthored by Mark Hefflinger on June 27, 2008 - 12:39pm.
Seattle - Coffeehouse chain Starbucks (NASD: SBUX) has decided to further withdraw from the music business, and will reduce the number of CDs it sells in its stores by removing rotating CD racks in favor of showcasing just four album titles near store cash registers, the Seattle Times reported. "It's an opportunity to focus on a small number of titles and tell those stories well," Starbucks spokesman Doug Cavarocchi told the Times. The company also recently opted to shift management of its Hear Music joint venture record label to partner Concord Music Group.
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