STARBUCKS TO CLOSE 600 STORES

Is the daily frappuccino the victim of high gas prices?

The Seattle Times is reporting that Starbucks is closing 600 company owned stores due to the nation’s faltering economy.

The closures are expected to affect some 12,000 Starbucks employees (about 7% of the company’s workforce.)

The stores shutting down are mainly in urban areas that already have competing Starbucks and is almost exclusively of stores that opened since 2006. In fact, almost 20% of the company owned Starbucks that have opened in the last two years are slated for closure.

THE FIRST STARBUCKS OPENED IN SEATTLE’S PIKE PLACE MARKET IN 1971

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One Response to “STARBUCKS TO CLOSE 600 STORES”

  1. Running from Starbucks Says:

    Aaaaaaaaaahhhhhh….what?

    AAAAAAAAAAHHHHHH!!!!

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