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 […]
Will Eliminating 12,000 Positions Help Starbucks’ Turnaround?
July 1st, 2008 · 1 Comment · Starbucks
Tags:Close·profit·Starbucks·Stores·Turnaround
More Signs Starbucks is Aiming for a Come Back
January 30th, 2008 · 2 Comments · Starbucks
After the release of several press releases and quarterly earnings today, CEO Howard Shultz is beginning the long road of recovery for his company. These are three more signs to add to my list of the other 5 Signs Starbucks is Aiming for a Comeback.
Breakfast Sandwiches deemed a distraction- Who would have thought ‘the […]
Tags:Back·Buzz·Come·Growth·profit·Starbucks
5 Signs Starbucks is Aiming for a Come Back
January 25th, 2008 · 2 Comments · Starbucks
Starbucks has had a rough year with a steady decline of its stock and the media’s eye closely watching its every move. Some analysts are suggesting Starbucks is settling at a plateau with its heavy growth behind them, I on the other hand think its best days are ahead and here is five very […]