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Entries Tagged as 'Starbucks'

Will Eliminating 12,000 Positions Help Starbucks’ Turnaround?

July 1st, 2008 · 1 Comment · Starbucks

Starbucks is planning to close 600 stores, eliminating 12,000 retail and non-retail positions. Starbucks is taking the $348 million hit in broken lease agreements and asset write-offs. Starbucks has also announced that their only going to be opening 200 new stores this fiscal year.  These closures are only a small part of the ‘multi-faceted plan […]

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Why Being Cool Can Drive Sales for Starbucks and Apple

May 29th, 2008 · 3 Comments · Apple, Starbucks

If Starbucks were able to bring the ‘cool’ factor, would it grow sales?
The pressure on Starbuck’s stock is less on cash flow and growth, but on the perception of the brand.
Individuals invest in future performance, and how consumers see Starbucks on the frontlines directly affects performance. Apple, for example, has a very ‘cool’ brand. They […]

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Don’t Worry Starbucks, I Won’t Sell You

May 2nd, 2008 · No Comments · Starbucks

While Starbucks (NASDAQ: SBUX) profits fall, plans for store openings are cut and fiscal year outlook looks dim I’m proud to be a shareholder.
Saturation and overbuilding of stores in the U.S. has not only caused profits to fall, but has made investors nervous. Analysts feel the brand is diluted and the company has hit a […]

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Shultz to Shareholders: Next Quarter Will Sink, Think Long Term

April 23rd, 2008 · 2 Comments · Starbucks

Starbucks Corporation (NASDAQ:SBUX) is lowering its earnings outlook and year long outlook due to ‘lower home values, and rising costs for energy, food and other products that are directly impacting [Starbucks] customers’
Howard Shultz, CEO of Starbucks Corporation, cited “…we are rigorously managing our expenses and seeking additional opportunities to reduce costs. To this end, […]

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Did Pike Place Roast Impress?

April 8th, 2008 · No Comments · Starbucks

April 8th is now behind us, and with all the hype surrounding Starbucks did it paid off?
 

I figured that Starbucks would not stray too far outside its parameters of rolling out their new coffee Pike Place Roast; they stuck very close to their heritage of giving away free brewed coffee in order to start […]

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What is Brewing for Starbucks?

April 4th, 2008 · No Comments · Starbucks

Next Tuesday, April 8, 2008 something is coming and I think I have an idea what it is.

 
Some blogs have speculated that Starbucks is going to give out free Venti drinks, highly unlikely. However, Howard Shultz released a statement the twelfth in his Transformation Agenda Communications stating that “Next week we will experience […]

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Starbucks is Not Stealing Tips, California is.

March 24th, 2008 · 5 Comments · Starbucks

 
A California Superior Court judge is stealing shift supervisors tips and some think Starbucks is at fault. Recently, (if you haven’t heard about it already) a California Superior Court judge found that Starbucks long standing and nationwide policy of allowing shift supervisors to be apart of tip-pooling is illegal and has ordered Starbucks to pay […]

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Starbucks’ Shareholder Meeting 2008: Transformational Initiatives

March 19th, 2008 · 3 Comments · Starbucks

Today was a groundbreaking day for Starbucks, they had their most important and inspiring annual shareholder meeting to date. Howard Shultz was upfront and honest with the past year and the lagging sales due to the slowing economy while being optimistic about the future. I was able to attend this year’s meeting and watch […]

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Starbucks’ Shareholder Meeting 2008: What is to Come?

March 12th, 2008 · No Comments · Starbucks

In one week Starbucks will have its most important shareholders meeting to date. After a forty percent decrease in stock price and corporate jobs cut this sure to be a popular event. I will be able to attend this years meeting and see Howard Shultz face when he reviews the company’s recent performance, and unveils […]

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Can Retail Curb a Recession?

March 8th, 2008 · 2 Comments · Apple, Recession, Starbucks

Its official, the US economy is in a recession even if it doesn’t technically meet the criteria, that at least is what Warren Buffett says. I agree with Warren and also believe in the underlining fundamentals of the US economy, the current factors of our economic downturn is only temporary and though things might get […]

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