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Starbucks to close 150 stores

 
Doc_HolidayModerator
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06/19/2018 05:57 PM

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Starbucks to close 150 stores
Americans' long-running joke about a Starbucks on every corner may be nearing its end.

The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain said Tuesday it expects comparable sales to rise just 1 percent globally for the current quarter—the worst performance in about nine years. That’s well below the 2.9 percent analysts were expecting, according to Consensus Metrix.

Starbucks also plans to close about 150 company-operated stores in densely penetrated U.S. markets next fiscal year, three times the number it



[link to www.bloomberg.com (secure)]
Say When!
glp-smilies

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06/19/2018 06:00 PM
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Re: Starbucks to close 150 stores
The problem with year on year expectations is that even 5% eventually gets you a hockey stick effect. Ya it's easy in the beginning, but after you have saturated the market, 5% becomes damn hard to sustain. But when all anyone cares about is year on year growth, then it's destined to fail. Everytime.
Anonymous Coward
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06/19/2018 06:01 PM
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Re: Starbucks to close 150 stores
Non performing blacks forced on the board of directors.
Anonymous Coward
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06/19/2018 06:01 PM
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Re: Starbucks to close 150 stores
Yes!!!
DRGONZO

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06/19/2018 06:03 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
Doc_HolidayModerator  (OP)
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06/19/2018 06:05 PM

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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


lmao
Say When!
Anonymous Coward
User ID: 69710687
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06/19/2018 06:07 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


lmao
 Quoting: Doc_Holiday


The Unicorn Fhapachimo didn't sell well ocrocka
Anonymous Coward
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06/19/2018 06:08 PM
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Re: Starbucks to close 150 stores
Leftists destroy everything they touch. Communism and free enterprise can not co-exist. Their coffee sucks too.

By a-hole SBUX CEO.
Doc_HolidayModerator  (OP)
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User ID: 65949238
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06/19/2018 06:09 PM

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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


lmao
 Quoting: Doc_Holiday


The Unicorn Fhapachimo didn't sell well ocrocka
 Quoting: Anonymous Coward 69710687


TBC-cryn
Say When!
darkwolf007

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06/19/2018 06:09 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


So true, DRGONZO. SJW is a self reinforced failure model.
Conspiracy Theorist is nothing more than a derogatory title used to dismiss a critical thinker.

A time is coming when men will go mad,
and when they see someone who is not mad,
they will attack him, saying,
'You are mad; you are not like us."
-- St. Anthony The Great

Social Credit Loser here.
Anonymous Coward
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06/19/2018 06:09 PM
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Re: Starbucks to close 150 stores
Yes!!!
 Quoting: Anonymous Coward 76654855


The Starbucks Boycotts are Working! chorussmile_kiss
Anonymous Coward
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Spain
06/19/2018 06:11 PM
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Re: Starbucks to close 150 stores
I think they need to close down the regular stores and just make them all drive thrus.

I only stop at the drive thru Starbucks off the freeways or close to work when I am in a hurry.
Anonymous Coward
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Australia
06/19/2018 06:11 PM
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Re: Starbucks to close 150 stores
Once again you’re all cheering as America is collapsing, while preaching maga


MAGA flag waver
Anonymous Coward
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06/19/2018 06:16 PM
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Re: Starbucks to close 150 stores
Finally!
Anonymous Coward
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06/19/2018 06:18 PM
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Re: Starbucks to close 150 stores
:poodle_dance:
Anonymous Coward
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06/19/2018 06:19 PM
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Re: Starbucks to close 150 stores
Maybe now instead of 2 starbucks on each corner facing each other, they can have privately owned coffee shops and other stores for variety
Anonymous Coward
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06/19/2018 06:21 PM
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Re: Starbucks to close 150 stores
Leftists destroy everything they touch. Communism and free enterprise can not co-exist. Their coffee sucks too.

By a-hole SBUX CEO.
 Quoting: Anonymous Coward 73285116


Starbucks is Unhealthy and bad for the Environment ... gmo phood Monsanto roundup pesticide toxic processed refined white sugar,third world pesticide coffee drinks / palm oil rainforest deforestation toxic food / drinks causes obesity,diabetes and cancer.The Starbucks Corporate crimes will all be revealed and fined for Billions in damages.
DRGONZO

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06/19/2018 06:23 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


So true, DRGONZO. SJW is a self reinforced failure model.
 Quoting: darkwolf007


Ask Dicks Sporting goods...
jake

User ID: 62892928
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06/19/2018 06:23 PM
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Re: Starbucks to close 150 stores
Lets open the GLP coffee house and put them out of business

all cofefeve 1.50 per cup
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
jake

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United States
06/19/2018 06:23 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


So true, DRGONZO. SJW is a self reinforced failure model.
 Quoting: darkwolf007


Ask Dicks Sporting goods...
 Quoting: DRGONZO


they going down too now?
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Anonymous Coward
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06/19/2018 06:27 PM
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Re: Starbucks to close 150 stores
CEO stepped down...

stores starting to close

SJW is NOT a business model
 Quoting: DRGONZO


So true, DRGONZO. SJW is a self reinforced failure model.
 Quoting: darkwolf007


Ask Dicks Sporting goods...
 Quoting: DRGONZO


they going down too now?
 Quoting: jake

They took the gun-grabber's side after Parkland.

Too much damn stuff to boycott. The 'allow' list may be a shorter option.
DRGONZO

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06/19/2018 06:30 PM
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Re: Starbucks to close 150 stores
...


So true, DRGONZO. SJW is a self reinforced failure model.
 Quoting: darkwolf007


Ask Dicks Sporting goods...
 Quoting: DRGONZO


they going down too now?
 Quoting: jake

They took the gun-grabber's side after Parkland.

Too much damn stuff to boycott. The 'allow' list may be a shorter option.
 Quoting: Fret Wiz


Its why they've been reporting quarterly losses while Gander and Bass Pro are thriving.

SJW is not a business model.
Anonymous Coward
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06/19/2018 06:33 PM
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Re: Starbucks to close 150 stores
Finally!
 Quoting: Anonymous Coward 76365031


The Ceo Charles Schultz was a Monsanto Deep State Shill and was illegally using company money for funding against the Washington State GMO food labeling initiatives.
Anonymous Coward
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Australia
06/19/2018 06:35 PM
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Re: Starbucks to close 150 stores
Finally!
 Quoting: Anonymous Coward 76365031


The Ceo Charles Schultz was a Monsanto Deep State Shill and was illegally using company money for funding against the Washington State GMO food labeling initiatives.
 Quoting: Anonymous Coward 69710687


((((Schultz))))

Drama
Anonymous Coward
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06/19/2018 06:38 PM
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Re: Starbucks to close 150 stores
Finally!
 Quoting: Anonymous Coward 76365031


#boycottstarbucks [link to twitter.com] siren2
Anonymous Coward
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06/19/2018 06:39 PM
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Re: Starbucks to close 150 stores
#fadstore
Nvrmnd

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06/19/2018 06:40 PM

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Re: Starbucks to close 150 stores
Truthfully i stopped going to place were I cant see the people making it.

People are fkd up these days.
All my post are theatrical artistic writing .
Anonymous Coward
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06/19/2018 06:43 PM
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Re: Starbucks to close 150 stores
Starbucks Corp. Funds Planned Parenthood zombies
Anonymous Coward
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06/19/2018 06:45 PM
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Re: Starbucks to close 150 stores
thats what happens when your leadership is a starcuck with no spine
Anonymous Coward
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06/19/2018 06:46 PM
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Re: Starbucks to close 150 stores
Seattle based
Starbucks Coffee is officially just for homosexuals.
dschis1000

User ID: 76098287
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06/19/2018 06:49 PM
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Re: Starbucks to close 150 stores
Once again you’re all cheering as America is collapsing, while preaching maga


MAGA flag waver
 Quoting: Anonymous Coward 76690976


During the really great years we didn't have Starbucks. Didn't need them





GLP