Some time back we covered the story of Starbucks announcing the decision to shutter some shops.
At that time it was not clear which all stores would be closed down. Now the company has come out with the list of 600 under performing stores which would soon be history.
Its official. Bad economy hurts even the venerable ones who are perched atop. And if the go-back-to-the-retro look can’t save you then nothing can. So Starbucks has now decided to cut down its operational cost by closing down 600 stores all over US.
Most of these stores will be the under performing ones. And you might ask, what will happen to the workers? Well, the company has announced these workers will be placed at the running stores but how this actually pans out. Your guess is as good as mine.
Just who in his right mind will thrown money for drinks that go by size names like Venti! Only the most die hard coffee drinkers I guess.
