Retail in Asia

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Starbucks continues upward trend

Coffee retailer Starbucks Corporation, which financially struggled since reporting its first-ever fiscal loss in August 2008 through a disappointing Q2 2009, continued its trend of general improvement started in Q3 into Q4. This allowed Starbucks to post increases in quarterly and annual operating income and margin, as well as net earnings, although revenues still took a hit.

(Source: Retailer Daily)