Starbucks closing 600 stores in the US! - GoFuckYourself.com

Persius · 07-01-2008, 04:27 PM

Starbucks closing 600 US stores, most opened in the last 2 years

SEATTLE (AP) -- Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator continues to struggle with the faltering U.S. economy and its own rapid expansion.

Seventy percent of the stores slated for closure had opened after the start of 2006, the company said in a statement.

To put it another way, Starbucks is closing 19 percent of all U.S. company-operated stores that opened in the last two years, Chief Financial Officer Pete Bocian said during a conference call.

About 12,000 workers, or 7 percent of Starbucks' global work force, will be affected by the closings, which are expected to take place between late July and the middle of 2009, spokeswoman Valerie O'Neil said.

Rest of the Story Here:
http://biz.yahoo.com/ap/080701/starbucks_closings.html

I guess it's time to head to McDonald's for Iced Coffee for $1.89 (Which i think tastes better than sbux)

Imortyl Pussycat · 07-01-2008, 04:34 PM

no! say it isn't so

Deej · 07-01-2008, 04:35 PM

Thank Fuckin Gawd!!

Their coffee sucks anyway...

TyroneGoldberg · 07-01-2008, 04:41 PM

there's rumors banks going bankrupt in the coming weeks, I hear GM is next...

tony286 · 07-01-2008, 04:42 PM

first its cutting back on lattes,porn memberships arent too far down the what to cut back next list.

camgirlshide · 07-01-2008, 04:42 PM

so 3.6% of their locations.
Having 3.6% of your locations of 16K fail doesn't sound too bad.

camgirlshide · 07-01-2008, 04:44 PM

Quote:

Originally Posted by tony404

first its cutting back on lattes,porn memberships arent too far down the what to cut back next list.

they aren't cutting down on their lattes - they are buying cheaper ones.
Which seems about equivalent to what is happening in the porn industry

shekinah · 07-01-2008, 04:53 PM

I feel for the workers who might lose their job!

SBJ · 07-01-2008, 04:58 PM

Quote:

Originally Posted by shekinah

I feel for the workers who might lose their job!

ya for sure.. that bites! I think the one I was at last night is safe cause everytime i go past it or into it there is a line out the door and no tables to sit at inside or outside

I love starbucks.. i have yet to try MCD's iced coffee's though

bignasty · 07-01-2008, 05:05 PM

good im tired of seeing them all over the place. they have too many stores. theres a mall near here, they have 3 in that one mall

The Truth Hurts · 07-01-2008, 05:12 PM

Quote:

a sign the coffee shop operator continues to struggle with the faltering U.S. economy and its own rapid expansion.

translation.... people finally figure out that paying $5 for a shitty cup of coffee is totally fucking retarded.

baddog · 07-01-2008, 05:12 PM

Quote:

Originally Posted by tony404

first its cutting back on lattes,porn memberships arent too far down the what to cut back next list.

Well, you can always make your own lattes at home . . . . not everyone has that same ability with porn.

CyberHustler · 07-01-2008, 05:12 PM

Too many Starbucks in NYC...

baddog · 07-01-2008, 05:14 PM

Quote:

Originally Posted by Deej

Thank Fuckin Gawd!!

Their coffee sucks anyway...

You make it sound like they are forcing you to go there.

AmateurFlix · 07-01-2008, 05:17 PM

Quote:

Originally Posted by TyroneGoldberg

there's rumors banks going bankrupt in the coming weeks, I hear GM is next...

I know what you're referring to. if you look into it, it seems very apparent those rumors were put out by some banker in europe trying to save his job by deflecting blame for his bank losing a shit ton of money... btw, GM sales were up in June

Sosa · 07-01-2008, 05:18 PM

now there will only be two on each block instead of 3-4 in some cases lol

tony286 · 07-01-2008, 05:19 PM

Quote:

Originally Posted by baddog

Well, you can always make your own lattes at home . . . . not everyone has that same ability with porn.

you are right, with the grand marquis's serious drinking problem. I was filling up the tank 2 to 3 times a week at 60 bucks a pop. Alot of it were bullshit trips, like going to starbucks daily. Bought groceries, coffee and now we are eating at home and drinking coffee at home. There are probably lots of people like us.

Cradle · 07-01-2008, 05:20 PM

meh, dont go there anyways... maybe once a year lol

woj · 07-01-2008, 05:22 PM

people are becoming smart, no one wants to buy $4 coffee when across the street you can get very similar coffee for a buck...

baddog · 07-01-2008, 05:24 PM

Quote:

Originally Posted by tony404

Alot of it were bullshit trips, like going to starbucks daily. Bought groceries, coffee and now we are eating at home and drinking coffee at home. There are probably lots of people like us.

I make better lattes than them anyway. Usually just go there when I am out of town. So, I prefer towns that have them on every corner so I don't have to hunt them down.

baddog · 07-01-2008, 05:25 PM

Quote:

Originally Posted by woj

people are becoming smart, no one wants to buy $4 coffee when across the street you can get very similar coffee for a buck...

A regular cup of coffee isn't $4.

2012 · 07-01-2008, 05:25 PM

i feel sorry for the people that frequented the establishments that are now closing ... where will they go to feel special now? ... sudoku anyone? it's just coffee ... some people have created a lifestyle out of that place

tony286 · 07-01-2008, 05:31 PM

Quote:

Originally Posted by baddog

I make better lattes than them anyway. Usually just go there when I am out of town. So, I prefer towns that have them on every corner so I don't have to hunt them down.

i have to get a machine with a bigger water tank.The one I have you cant steam that much milk with it.

eprater78 · 07-01-2008, 05:38 PM

Personally, I can tell a difference in certain Starbucks coffee flavors and I prefer it over most other coffee. But, I always stick with the same thing which is regular ol' house blend. I'm a lover of dark roasted coffee but to me theirs just isn't very good. For that I like Folger's.

XPays · 07-01-2008, 05:48 PM

with the amount of stores they have, this is a drop in the bucket. maybe they are only cutting back to one store per block ;-)

d-null · 07-01-2008, 06:12 PM

love starbucks, they were just getting too many stores where they weren't needed

there are still plenty

baddog · 07-01-2008, 06:13 PM

Quote:

Originally Posted by tony404

i have to get a machine with a bigger water tank.The one I have you cant steam that much milk with it.

hmmm . . . not sure what you are using but all I do is add a little more water than what I need for the coffee.

About half way thru I steam the milk, then put it back on to finish the coffee.

directfiesta · 07-01-2008, 06:14 PM

Quote:

Originally Posted by AmateurFlix

btw, GM sales were up in June

Sure were ....

As usual, spreading false info to fit your agenda ....

By Tom Krisher and Dee-Ann Durbin
AP Auto Writers / July 1, 2008

June sales at GM had a still-dramatic drop of about 18 percent.

article

McSame gave you that great info ????

Warren · 07-01-2008, 06:30 PM

I like there chai tea lattes, but I wont miss them as trader joe's has chai tea latte in a carton, just add milk, I cant taste the difference and I get at least 6 drinks per carton.

Even mac donalds new coffee tastes better then regular coffee from starbucks imo.

Drake · 07-01-2008, 06:32 PM

With the prices they charge, saw this coming a mile away.

AmateurFlix · 07-01-2008, 06:38 PM

Quote:

Originally Posted by directfiesta

Sure were ....

As usual, spreading false info to fit your agenda ....

actually, I was wrong - GM sales exceeded analysts forecasts, but that was still a drop from the month prior. they were merely 'up' from what was predicted. http://abcnews.go.com/Business/Econo...5287218&page=1

as to what 'agenda' you are referring to, I have no idea. I really don't find the need to somehow tie every single event that transpires from espresso sales to automobiles into an election between three credible politicians and some MTV VJ personality who denies his own muslim upbringing.

better luck next time

GetSCORECash · 07-01-2008, 06:46 PM

I have three new stores open up near me, in recent months. Hope the one by my house doesn't get closed up. It's like night club with the number of people who are up late standing infront of it.

kane · 07-01-2008, 07:07 PM

I have to wonder how much of this is the slowing economy and how much of it is just that there are too many starbucks. Two years ago the town I live in had zero starbucks. Now there are four of them. Two are in grocery stores, there is one in the parking lot of a grocery store that has a starbucks inside it and the other is in the middle of town. I live in a smaller town and I doubt there are enough people to really support 4 starbucks plus the other 3 coffee places that have opened in the last few years. When I drive by them I never see anyone in them and when I go into the store I rarely see anyone at the counter getting something.

So I think some of this is just overestimating how many stores they really needed.

GAMEFINEST · 07-01-2008, 07:08 PM

I saw this coming

heymatty · 07-01-2008, 09:55 PM

There are 3 starbucks in this smallish outdoor mall.

http://maps.google.com/maps?f=q&hl=e...04678&t=h&z=18

One company owned, next to an Einstein Bagel also serving coffee. One in Target and one in Albertsons.

I think they really fucked their brand in the ass by letting some of the goons at Target etc. represent it. Barnes and Noble was a great idea sure, but grocery store type patnerships are terrible.

heymatty · 07-01-2008, 09:57 PM

Ignore the map, I suck at teh google.

SifuE · 07-01-2008, 09:58 PM

Bout time that JEW Company is starting to fail...

96ukssob · 07-01-2008, 10:08 PM

my vote more coffee beans! best coffee imo

there are two starbucks that opened close to my apt. first they are in the worst locations. hard to get in and out of, second there is a total of 5 parking spaces for the one.

i think people saw the growth of coffee shops along popular areas and tried to make it themselves. starbucks (as well as many other "high brow" cafes) only work IMO where there is a lot of day time traffic.

if you can find a nice sized industrial/business park, put a starbucks there, not beside a bank. there is a chipotle near where i used to rent an office in bev hills. place was ALWAYS packed during the week from business people going for lunch, as well as coffee bean and peets. on the weekend, rarely saw anyone there. thats the problem with these places i think is they just put them in bad locations and attract the wrong crowd.

Iron Fist · 07-01-2008, 10:11 PM

Hmm I wonder why.... about time they closed some stores - some stores were competing with another Starbucks!

F-U-Jimmy · 07-01-2008, 10:31 PM

But Ford are doing well ?
Look at the new Flex, fucking huge gas guzzling vehicle, I wonder what stupid shit thought that idea up. Ford sales down 28% for June !!!

Quote:

Originally Posted by AmateurFlix

actually, I was wrong - GM sales exceeded analysts forecasts, but that was still a drop from the month prior. they were merely 'up' from what was predicted. http://abcnews.go.com/Business/Econo...5287218&page=1

as to what 'agenda' you are referring to, I have no idea. I really don't find the need to somehow tie every single event that transpires from espresso sales to automobiles into an election between three credible politicians and some MTV VJ personality who denies his own muslim upbringing.

better luck next time

fatfoo · 07-01-2008, 10:37 PM

that's good, it's too expensive anyway

Drake · 07-01-2008, 10:44 PM

Quote:

Originally Posted by sharphead

Hmm I wonder why.... about time they closed some stores - some stores were competing with another Starbucks!

It's saturated like that here too.

NETbilling · 07-01-2008, 10:48 PM

Quote:

Originally Posted by SifuE

Bout time that JEW Company is starting to fail...

You are a racist pig

baddog · 07-01-2008, 10:51 PM

Quote:

Originally Posted by fatfoo

that's good, it's too expensive anyway

So Ferrari and Lamborghini should close as well?

XoXo Cash · 07-01-2008, 10:56 PM

Quote:

Originally Posted by SifuE

Bout time that JEW Company is starting to fail...

aww...now that's a little harsh...

bloggingseo · 07-01-2008, 11:28 PM

It's really a good idea to sell some of the off. There really WERE too many !

Vegas Ken · 07-02-2008, 12:05 AM

Oh man if the one near my house goes out, I am going to be so bummed!

Redjellybean · 07-02-2008, 12:09 AM

Good stuff. I can't stand Starbucks and all those people walking round drinking shit coffee! They are the McDonalds of high street drinks.

The Ghost · 07-02-2008, 12:44 AM

They have a very powerful brand. I don't drink their coffee but have respect for how they've built an empire from an everyday product. They're made it more than the product, it's an experience and status.

Amazing for something as simple as coffee

Due · 07-02-2008, 01:10 AM

Quote:

Originally Posted by baddog

So Ferrari and Lamborghini should close as well?

That's a good idea, I wouldn't mind picking up one of those cheap if they whent bankrupt

I could live without the warranty as well

07-01-2008, 04:27 PM	#1
Persius Tap into MOBILE! Industry Role: Join Date: Jul 2003 Location: Hollywood Posts: 11,779	Starbucks closing 600 stores in the US! Starbucks closing 600 US stores, most opened in the last 2 years SEATTLE (AP) -- Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator continues to struggle with the faltering U.S. economy and its own rapid expansion. Seventy percent of the stores slated for closure had opened after the start of 2006, the company said in a statement. To put it another way, Starbucks is closing 19 percent of all U.S. company-operated stores that opened in the last two years, Chief Financial Officer Pete Bocian said during a conference call. About 12,000 workers, or 7 percent of Starbucks' global work force, will be affected by the closings, which are expected to take place between late July and the middle of 2009, spokeswoman Valerie O'Neil said. Rest of the Story Here: http://biz.yahoo.com/ap/080701/starbucks_closings.html I guess it's time to head to McDonald's for Iced Coffee for $1.89 (Which i think tastes better than sbux)

07-01-2008, 04:34 PM	#2
Imortyl Pussycat Confirmed User Join Date: Apr 2006 Location: Cali Posts: 5,449	no! say it isn't so __________________ Julie Larson julie {at} juicyads.com skype: imortylpussycat Buy & Sell Ads on The Most Sexy Advertising Network on the Planet available ad spots \| sign up now

07-01-2008, 04:35 PM	#3
Deej I make pixels work Industry Role: Join Date: Jun 2005 Location: I live here... Posts: 24,386	Thank Fuckin Gawd!! Their coffee sucks anyway... __________________ Deej's Designs n' What Not Hit me up for Design, CSS & Photo Retouching Icq#30096880

07-01-2008, 04:42 PM	#6
camgirlshide Confirmed User Join Date: Jan 2005 Posts: 1,558	so 3.6% of their locations. Having 3.6% of your locations of 16K fail doesn't sound too bad. __________________ Useful adult webmaster links - Alphabetical list of solo models with webcam Stats on my best converting affiliate programs - camgirlshide webmaster blog complete list of affiliate programs I use.

07-01-2008, 04:53 PM	#8
shekinah Confirmed User Join Date: May 2006 Posts: 8,452	I feel for the workers who might lose their job! __________________ [Web Design \| Development \| Programming \| Content Writing ] ICQ: 238-890-469

07-01-2008, 04:41 PM	#4
TyroneGoldberg Confirmed User Join Date: Sep 2007 Posts: 1,081	there's rumors banks going bankrupt in the coming weeks, I hear GM is next...

07-01-2008, 04:42 PM	#5
tony286 lurker Industry Role: Join Date: Aug 2002 Location: atlanta Posts: 57,021	first its cutting back on lattes,porn memberships arent too far down the what to cut back next list.

07-01-2008, 05:05 PM	#10
bignasty Confirmed User Join Date: Nov 2003 Location: sc Posts: 1,421	good im tired of seeing them all over the place. they have too many stores. theres a mall near here, they have 3 in that one mall __________________ '

07-01-2008, 05:12 PM	#13
CyberHustler Masterbaiter Industry Role: Join Date: Feb 2006 Posts: 26,180	Too many Starbucks in NYC...

07-01-2008, 05:18 PM	#16
Sosa In Tushy Land Join Date: Oct 2002 Location: Nebraska Posts: 40,149	now there will only be two on each block instead of 3-4 in some cases lol

07-01-2008, 05:20 PM	#18
Cradle meh Industry Role: Join Date: Apr 2004 Location: the beach Posts: 1,438	meh, dont go there anyways... maybe once a year lol __________________

07-01-2008, 05:22 PM	#19
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	people are becoming smart, no one wants to buy $4 coffee when across the street you can get very similar coffee for a buck... __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

07-01-2008, 05:25 PM	#22
2012 So Fucking What Industry Role: Join Date: Jul 2006 Posts: 17,189	i feel sorry for the people that frequented the establishments that are now closing ... where will they go to feel special now? ... sudoku anyone? it's just coffee ... some people have created a lifestyle out of that place __________________ best host: Webair \| best sponsor: Kink \| best coder: 688218966 \| Go Fuck Yourself

07-01-2008, 05:38 PM	#24
eprater78 Confirmed User Join Date: Dec 2006 Posts: 218	Personally, I can tell a difference in certain Starbucks coffee flavors and I prefer it over most other coffee. But, I always stick with the same thing which is regular ol' house blend. I'm a lover of dark roasted coffee but to me theirs just isn't very good. For that I like Folger's. __________________ Sextoy Pimp's Adult Store FREE Sex Toys!

07-01-2008, 05:48 PM	#25
XPays Team Player Join Date: May 2004 Location: Inside the most accurately counting and reporting affiliate system in the world at XPays.com Posts: 13,002	with the amount of stores they have, this is a drop in the bucket. maybe they are only cutting back to one store per block ;-) __________________ InterNext Expo Domain Auction Live Now thru Feb 5 HuntingMoon GFY Domains Marketplace is LIVE XPays always pays! Top Site: * RealJasmine.com * + HotelHeiress® with The Paris Hilton Sex Video Insert the HotelHeiress® HD FEED into your members areas XPin.com Opening for Pin Partners Soonish Mainstream Offers For Emailers and DomainersNONADULT.COM Like Us!

07-01-2008, 06:12 PM	#26
d-null . . . Industry Role: Join Date: Apr 2007 Location: NY Posts: 13,724	love starbucks, they were just getting too many stores where they weren't needed there are still plenty __________________ __________________ Looking for a custom TUBE SCRIPT that supports massive traffic, load balancing, billing support, and h264 encoding? Hit up Konrad! Looking for designs for your websites or custom tubesite design? Hit up Zuzana Designs Check out the #1 WordPress SEO Plugin: CyberSEO Suite

07-01-2008, 06:30 PM	#29
Warren Confirmed User Join Date: Jul 2003 Location: Porn Valley Posts: 2,284	I like there chai tea lattes, but I wont miss them as trader joe's has chai tea latte in a carton, just add milk, I cant taste the difference and I get at least 6 drinks per carton. Even mac donalds new coffee tastes better then regular coffee from starbucks imo. __________________ ICQ:208-603-797 www.altdollars.com

07-01-2008, 06:32 PM	#30
Drake Hello world! Industry Role: Join Date: Mar 2003 Posts: 12,508	With the prices they charge, saw this coming a mile away.

07-01-2008, 06:46 PM	#32
GetSCORECash Confirmed User Industry Role: Join Date: Mar 2008 Location: Miami Posts: 5,527	I have three new stores open up near me, in recent months. Hope the one by my house doesn't get closed up. It's like night club with the number of people who are up late standing infront of it. __________________ \| skype: getscorecash \| ICQ: 59-271-063 \| New Sites: \| SCORELAND2 \| Roku Channel SCORETV.TV \| 60PLUSMILFS \| \| Big Tit Hooker \| Tits And Tugs \| Big Boobs POV \| Karla James \| \| Naughty Foot Jobs \| Linsey's World \| Busty Arianna Sinn \| Get SCORE Cash \|

07-01-2008, 07:07 PM	#33
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	I have to wonder how much of this is the slowing economy and how much of it is just that there are too many starbucks. Two years ago the town I live in had zero starbucks. Now there are four of them. Two are in grocery stores, there is one in the parking lot of a grocery store that has a starbucks inside it and the other is in the middle of town. I live in a smaller town and I doubt there are enough people to really support 4 starbucks plus the other 3 coffee places that have opened in the last few years. When I drive by them I never see anyone in them and when I go into the store I rarely see anyone at the counter getting something. So I think some of this is just overestimating how many stores they really needed.

07-01-2008, 07:08 PM	#34
GAMEFINEST Make STACK$ Industry Role: Join Date: Nov 2006 Location: sexy time Posts: 14,436	I saw this coming __________________ Compound interest.

07-01-2008, 09:55 PM	#35
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	There are 3 starbucks in this smallish outdoor mall. http://maps.google.com/maps?f=q&hl=e...04678&t=h&z=18 One company owned, next to an Einstein Bagel also serving coffee. One in Target and one in Albertsons. I think they really fucked their brand in the ass by letting some of the goons at Target etc. represent it. Barnes and Noble was a great idea sure, but grocery store type patnerships are terrible. __________________ Cashlantis ~ Black Book Cash

07-01-2008, 09:57 PM	#36
heymatty Confirmed User Join Date: Oct 2001 Location: Scottsdale :) Posts: 2,188	Ignore the map, I suck at teh google. __________________ Cashlantis ~ Black Book Cash

07-01-2008, 09:58 PM	#37
SifuE Confirmed User Join Date: Aug 2007 Location: Scottsdale Posts: 877	Bout time that JEW Company is starting to fail... __________________ I.C.Q 360-553-673

07-01-2008, 10:08 PM	#38
96ukssob So Fucking Banananananas Industry Role: Join Date: Mar 2003 Location: If I was in your ass you'd know it Posts: 12,991	my vote more coffee beans! best coffee imo there are two starbucks that opened close to my apt. first they are in the worst locations. hard to get in and out of, second there is a total of 5 parking spaces for the one. i think people saw the growth of coffee shops along popular areas and tried to make it themselves. starbucks (as well as many other "high brow" cafes) only work IMO where there is a lot of day time traffic. if you can find a nice sized industrial/business park, put a starbucks there, not beside a bank. there is a chipotle near where i used to rent an office in bev hills. place was ALWAYS packed during the week from business people going for lunch, as well as coffee bean and peets. on the weekend, rarely saw anyone there. thats the problem with these places i think is they just put them in bad locations and attract the wrong crowd. __________________ Email: Clicky on Me

07-01-2008, 10:11 PM	#39
Iron Fist Too lazy to set a custom title Join Date: Dec 2006 Posts: 23,400	Hmm I wonder why.... about time they closed some stores - some stores were competing with another Starbucks!

07-01-2008, 10:37 PM	#41
fatfoo ICQ:649699063 Industry Role: Join Date: Mar 2003 Posts: 27,763	that's good, it's too expensive anyway __________________ Send me an email: [email protected]

07-01-2008, 11:28 PM	#46
bloggingseo Confirmed User Join Date: May 2007 Location: Austin Posts: 1,793	It's really a good idea to sell some of the off. There really WERE too many ! __________________ Writing mainstream and adult since 2003 Hit me up ICQ 375089597

07-02-2008, 12:05 AM	#47
Vegas Ken Confirmed User Join Date: Sep 2006 Location: Las Vegas Posts: 4,151	Oh man if the one near my house goes out, I am going to be so bummed! __________________ Skype: vegas_ken

07-02-2008, 12:09 AM	#48
Redjellybean Registered User Join Date: Feb 2005 Location: Manchester UK Posts: 9	Good stuff. I can't stand Starbucks and all those people walking round drinking shit coffee! They are the McDonalds of high street drinks.

07-02-2008, 12:44 AM	#49
The Ghost IslandDollars.com Join Date: Oct 2004 Location: Icq: 176176 Posts: 12,188	They have a very powerful brand. I don't drink their coffee but have respect for how they've built an empire from an everyday product. They're made it more than the product, it's an experience and status. Amazing for something as simple as coffee __________________ ISLAND DOLLARS 1000's of Exclusive TS scenes / Constant Updates Best TS Network your surfers will ever join