Starbucks to Cancel iTunes Gift Cards?

Starbucks may drop almost all of its in-store music retail offerings, including iTunes Gift Cards by September, according to an AlleyInsider report.

That means no more "spinner" racks offering multiple CD choices to latte-buyers. And that also means no more gift cards and promotional giveaways for Apples iTunes (AAPL). Instead, we're told, the coffee chain will offer just four CD "slots" per store. But it will also continue to offer free Wi-fi access to Apple's online music store and may continue to try to sell entertainment online.

Rumors that the Starbucks music business has been floundering have been echoed by the NYTimes in a recent publication.