Starbucks said to license Thai retail business to Coffee Concepts

FILE PHOTO: A cup of coffee rests on a counter at a Starbucks coffeehouse in Austin, Texas, U.S., February 10, 2017. REUTERS/Mohammad Khursheed/File Photo

Starbucks Corp. agreed to license its Thailand operations to a partner, in the latest sign that the coffee behemoth is sharpening its focus on its key markets of China and the U.S.

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