Jul 1st, 2008 | Starbucks survey

Starbucks is closing 600 locations...


Today Starbucks announced they would start closing 600 under-performing stores by the end of the year.

Starbucks CFO Pete Bocian cited the bad U.S. economy; the company's profits in the first three months of 2008 have fallen 28% compared to 2007.  Most of the company-operated locations that will be closed opened within the past two years.

There were 16,226 Starbucks locations in the world at the end of March.

 




By Mildsalsa
60 votes, 263 views , Add a comment
 
 
Poll tags:Starbucks, Starbucks Closing Stores, Economy, Money, Coffee, Beverages, Brands, Hard Times, Cafe

 
Add your comment
Update your status line
cancel
 


 
Log in using your:
* Username
* Email address
* Password
 
Buddy icon
* Gender
     
* Birth date
Country
City
I confirm I have read and accept the Terms and conditions. I agree that I will receive emails with special offers from PollsB and its sponsors/partners. I also consent to my details being passed on to the sponsors of offers I complete.
No thanks
 (your vote will still count)
Embed Flash Widget
Embed Java Script Widget
Copy & paste the embed code to your site.