Starbucks to Shut 500 More Stores, Cut Jobs

latina4evrgp · Guru

RE: starbucks anyone?

Guadalupana · Foro Master

It's all about 'status'. Silly, but it's true. I'm happy with my dollar forty-nine cup-o-java.

Dogo · Comandante

That's actually the best one, and it's only $142 on Tuesdays

Chuck · Guru

Dogo wrote:

Maybe if they would just absorb some of the losses and just make a zillion, instead of a gazillion, percent mark-up, they might still be able to get away with charging un ojo de la cara for a friggin mocha-latte-caramel-grande-mochachino (aka, coffee)... or whatever the hell they're called! and keep those stores open
SO overrated!! can't believe people pay that much, on a regular basis, for coffee. I mean, it's COFFEE!!

im gonna try that one next time. thanks!

Dogo · Comandante

Maybe if they would just absorb some of the losses and just make a zillion, instead of a gazillion, percent mark-up, they might still be able to get away with charging un ojo de la cara for a friggin mocha-latte-caramel-grande-mochachino (aka, coffee)... or whatever the hell they're called! and keep those stores open
SO overrated!! can't believe people pay that much, on a regular basis, for coffee. I mean, it's COFFEE!!

Chuck · Guru

Starbucks to Shut 500 More Stores, Cut Jobs

By JANET ADAMY
July 2, 2008; Page B1

Starbucks Corp. on Tuesday effectively ended its era of blanket expansion by saying it will close 500 more locations in the U.S. and cut 7% of its work force.

The pullback is a sign that the Seattle-based coffee giant is continuing to see weak sales as high gas prices and other pressures on consumer spending prompt Americans to cut back on extras.

http://online.wsj.com/article/SB121494400432420449.html?mod=googlenews_wsj

The company said it will eliminate as many as 12,000 full-time and part-time retail positions.
great! just what we needed. i feel for those workers.