Starbucks to close 300 shops

Starbucks, a company targetted by boycott campaigns in the Arab world, has declared that it will close down 300 cafes worldwide. The CEO of Starbucks, Howard Schultz, has declared that he's an 'active Zionist' and in 1998, Shultz was awarded the "The Israel 50th Anniversary Tribute Award" from the Jerusalem Fund of Aish Ha-Torah for "playing a key role in promoting a close alliance between the United States and Israel".