Starbucks to close 600 stores
July 4, 2008
Drinkers of foam-filled lattes and $5 plastic wrapped veggie sandwiches are wondering whether their local coffee giant Starbucks will close soon. The Seattle, Wash. based bean coffee giant announced earlier this week that it plans to close 600 U.S. stores.
Source: Youtube
All About Starbucks
NASDAQ: SBUX
Founder & CEO: Howard D. Schultz
President: James C. Alling
July 5, 2008 at 2:40 pm
There are way too many Starbucks stores in the country. I know that people love their bean coffee, but there’s no way that this craze would have continued forever or even just for two to three more years. Any time you have two exact stores on only four doors down from one another that means that there’s absolutely too many locations. Honestly, I think it’s a GOOD idea that they’ve decided to close 600 stores. I hate it for its employees.
July 5, 2008 at 2:48 pm
I can’t do without my Starbucks. I Just hope that they’re not closing the two in my neighborhood. Starbucks is AWESOME!