reuters.com — By Lisa Baertlein LOS ANGELES (Reuters) - Starbucks Corp said on Tuesday it plans to close 600 underperforming stores and eliminate as many as 12,000 full- and part-time positions, lifting shares nearly 6 percent. The company, which has been...
Jul 1, 2008 View in Crawl 4
thekinginyellowJul 2, 2008
if starbucks wasn't so damned expensive they wouldn't have to be shutting down stores. if i could buy a cup of coffee for $1 (or less) instead of $2 to $5 i would purchase a cup every day instead of once a week and i think more people would too. starbucks sets their prices so high because they know there are people that will pay it without thinking twice instead of being realistic about it and charging the client what it's worth.
say2kJul 2, 2008
man, if those two new starbucks that opened a block and a half from each other close... well shoot, I might just have to try one of the ELEVEN other independent coffee shops in the 8 block radius of where I live. I sure hope they have a $6 latte too.
esus4Jul 2, 2008
That's just wrong. The Starbucks beans are as fresh as you could ask for. Still burnt crispier than a bag of charcoal though.
blackjack75Jul 2, 2008
Apple's stock won't care about the loss of these 12'000 jobs. The one other Jobs on the other hand...
kevinwizJul 2, 2008
Ya but I buried that one for "breaking." I digg this one.
Closed AccountJul 2, 2008
DIE DIE DIEdugg for starbucks death!
Closed AccountJul 3, 2008
good one
rexxhavocJul 3, 2008
awesome newshopefully the fringe shops have been laying in waitready to reclaim their old neighborhoods back
itchieJul 4, 2008
Yea!!! 12,000 more out of work as long as the stock rises!Because thats whats important.Although I do think they expanded a little more then needed....
enlightenmentJul 8, 2008
Best line I heard was on TV where someone replied to the news that 600 stores were closing... "Yeah I think 36 of them are on my block"