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Old 06-20-18, 01:09 PM
Yappi Yappi is offline
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Starbucks to close 150 stores as sales growth cools

Starbucks says it will accelerate its store closings in the U.S. next year to counter cooling sales growth.

The Seattle-based company announced Tuesday that it will close 150 underperforming stores in heavily penetrated markets, up from the usual rate of 50 closings a year.

Starbucks now operates about 13,900 locations in the U.S., putting it within sipping distance of the 14,400 restaurants operated by McDonald's. In the past year, Starbucks has opened almost 1,000 new stores in the Americas, which includes the U.S., Canada and Latin America. One analyst estimates that new stores may be cannibalizing traffic from existing stores, potentially diverting 1 out of 7 transactions.
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Old 06-20-18, 05:24 PM
ohiopup ohiopup is offline
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But is the one in Philly closing?


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Old 06-25-18, 10:53 AM
14Red 14Red is offline
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How can they do that??? That's mean to the areas the stores close and mean to their employees...and where will people just randomly stop and go to the bathroom or just sit in their restaurant without ordering anything?
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Old 06-25-18, 11:28 AM
Raymo Raymo is offline
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Close them all and go to McD's for Pete Sake...BAM!
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Old 06-25-18, 11:31 AM
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eastside_purple eastside_purple is offline
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eastside_purple is infamous around these partseastside_purple is infamous around these parts
A lot of hostility to a business none of you frequent.
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