Friday, July 18, 2008

Starbucks identifies stores slated for closure. - Jul. 18, 2008

Starbucks identifies stores slated for closure. - Jul. 18, 2008:
"NEW YORK (CNNMoney.com) -- Starbucks Corp. released a list Thursday of the 616 company-owned stores it will shutter by the first half of 2009.

The closures accompany planned layoffs of 12,000 workers. Starbucks currently operates 7,087 stores in the U.S.

Store closures, will affect about 8.7% of Starbucks (SBUX, Fortune 500) stores, in 44 states, with California losing the most outposts. The chain will close 88 stores in that state. ..."
Columbia gets off without a single closing, but the St Louis metropolitan area looks like it took the brunt.

A few Kansas City stores are going to close.

We just had two stores open in Columbia over the past couple years, so we feel like we're a part of the larger world around us. We were not barbarians, though -- my favorite coffee shop remains Lakota Coffee Company and I really don't feel the need to switch my loyalties, even if I spend an inordinate amount of time at the Barnes & Noble coffee shop (which serves Starbuck's)

1 comment:

Gruntled said...

The one in Danville will get the axe. It was a strange location, anyway. It was on the side of the road leading to an even smaller town. Out of loyalty to my home coffee house, I never went to the one in Danville.