Jul 18 2008
Starbucks: No Longer On Every Street Corner
On July 1, Starbucks announced it was closing 600 stores in the U.S and expects to open fewer than 200 new company-operated stores in the U.S. in fiscal 2009.
Click here for the list of stores that will close by the end of July. Closures will continue into FY09, and the determination of each store’s closure date will be dependent on several operational and contractual factors and events.
Each month, after closure dates have been communicated to all affected partners, Starbucks will post a list of the stores that are scheduled to close during that month.
Stay tuned…
I have to say that I’ve only been to Starbucks about five times, so this won’t affect me. However, if Keurig stopped making pods for my coffee maker, I’d cry.