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ABC News Breaking: Starbucks Plans to Slash as Many as 6,000 Jobs, Close 300 Stores in 2009
ABC NEWS ^ | 1-28-2009

Posted on 01/28/2009 2:15:21 PM PST by My Favorite Headache

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To: thefrankbaum

aah... contrary to popular opinion around here, I think ‘bucks is pretty tasty. But I always get the down menu, low-cost plain old coffee of the day, if it’s one of the roasts and varietals I like.

My point is, when the price of coffee spiked, the rest of the industry, the folgers and maxwell houses of the world, kept the price down but just started serving crap coffee, figuring Americans were too stoopid to know the difference.

Starbucks exploited that market, selling tasty coffee, albeit at a realistic price which was quite high. NOW the competition realizes they have to serve good tasting coffee to keep up, and the market loophole is closing.

Starbucks has made it - this is probably a smart move (slashing stores), and they’ll be around indefinitely, but the glory days may be over for them.


61 posted on 01/28/2009 2:52:11 PM PST by ichabod1 (Change is not a destination, Hope is not a strategy)
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To: yazoo
I love the stuff and find the employees to be competent and friendly, unlike McDonalds.

Out here in CA, that means to me: "they speak English at Starbucks". I can't tell you how many times I've felt that they should give "McDonalds" the slogan of: "Little Mexico - with Burgers!"

There are going to be some hardworking kids who are customer focused (from what I can see) going to be out of work soon. Maybe that has to happen due to overexpansion and a contracting economy, but I'm not going to be doing a happy-dance over it. (Unless I can figure out how to hire some for my own business, which I can't right now.)

62 posted on 01/28/2009 2:53:23 PM PST by Yossarian (Everyday, somewhere on the globe, somebody is pushing the frontier of stupidity...)
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To: My Favorite Headache
Well I must confess that I am taking some Schadenfreude in all of this Starbucks news lately. Yes, I have been known to go into a Starbucks from time to time (when there isn't a Dunkin Donuts around), but the experience has always been akin to going to a different planet or at least the movie set of some pretentious "disaffected Gen X slacker flick" like "Reality Bites" or something.

Such a pretentious place is Starbucks and there are always trust-fund babies camped out there with their flip-flops, Mac laptops and obligatory granny glasses. It's like a Doonesbury comic strip come to life.

Anyway, one good thing Starbucks accomplished was to force McDonald's and other chains to make their coffee taste much better. Looking at McDonald's latest quarterly earning statement, I'm sure McDonald's shareholders are very appreciative as well.

63 posted on 01/28/2009 2:55:14 PM PST by SamAdams76 (I am 33 days away from outliving John F. Kennedy)
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To: My Favorite Headache

This is good news for coffee drinkers.

Junk coffee shops closing means that the good ones have more chance to survive.


64 posted on 01/28/2009 2:55:17 PM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: swordfishtrombone

Yeah I knew the quote wasn’t exactly right, and really didn’t think I would be corrected either, so thanks overprotective watchdog of movie quotes for setting it straight, lol!


65 posted on 01/28/2009 2:57:38 PM PST by Edizzl79 (you want my guns..come and get em...I dare ya....)
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To: rintense
Good. Far too many of those damn places around anyway.

Americans losing their jobs is a good thing?

66 posted on 01/28/2009 2:59:43 PM PST by Citizen Blade ("A Conservative Government is an organized hypocrisy" -Benjamin Disraeli)
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To: My Favorite Headache

Starbucks may be the ultimate early economic indicator. The marginal propensity to consume $5 cups of coffee is directly proportionate to the amount of jingle in one’s pocket and confidence in the future.


67 posted on 01/28/2009 2:59:58 PM PST by Oldeconomybuyer (The democRATS are near the tipping point.)
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To: org.whodat
"Go to local greasy spoon, order a pot of coffee. Later in the day you can piss coffee better than starbucks and it will cost one hell of a lot less."

Yeeeee Haaa! - Truer werds wuz never spoke.

68 posted on 01/28/2009 3:00:01 PM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: CaliforniaCon
Sounds like a lot but...would you believe in some areas of Los Angeles there are Starbucks outlets just half a mile apart

That's nothing. There is a Starbucks in my office building and one in the office building across the street. They're both busy, since they serve the crowds coming out of two different Metro stops.

69 posted on 01/28/2009 3:03:32 PM PST by Citizen Blade ("A Conservative Government is an organized hypocrisy" -Benjamin Disraeli)
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To: Citizen Blade
Americans losing their jobs is a good thing?

And your proof that the staff is american is?????

70 posted on 01/28/2009 3:06:31 PM PST by org.whodat (Conservatives don't vote for Bailouts for Super-Rich Bankers! Republicans do!)
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To: Yossarian

“I can’t tell you how many times I’ve felt that they should give “McDonalds” the slogan of: “Little Mexico - with Burgers!”

Actually, I am comparing apples and oranges. My experience with places like Macdonalds is based on my previous residency in the Wash DC area where the employees were almost universally arrogant and treated customers with contempt. I now live in NC where I find retail employees almost consistently friendly and helpful.


71 posted on 01/28/2009 3:07:01 PM PST by yazoo
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To: tina07

They did drive out all the funky neighborhood one-off coffee shops by putting a bucks next door or across the street.


72 posted on 01/28/2009 3:08:00 PM PST by ichabod1 (Change is not a destination, Hope is not a strategy)
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To: albie

I love Netflix.


73 posted on 01/28/2009 3:08:22 PM PST by Patriotic1 (Dic mihi solum facta, domina - Just the facts, ma'am)
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To: yazoo
I get one every morning and with the discount card it’s 1.70. I love the stuff and find the employees to be competent and friendly, unlike McDonalds.

I've always found Starbucks' staff to be nice. Usually college kids, or retirees. There is a gorgeous goth chick who works in the Starbucks im my building. She's really nice and friendly, though a little young (even if I was single)

74 posted on 01/28/2009 3:08:39 PM PST by Citizen Blade ("A Conservative Government is an organized hypocrisy" -Benjamin Disraeli)
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To: My Favorite Headache
"Add Dunkin Donuts to that list...my wife actually prefers it to Starbucks"

For an east coast outfit, they actually have ok coffee. (almost anyplace is better than Starpukes)

75 posted on 01/28/2009 3:12:01 PM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: org.whodat
And your proof that the staff is american is?????

It's a job that requires some significant communication with the customer, given the many possible order combinations. That's tough for someone who barely speaks English. I can't recall ever seeing employees who appeared to be illegals at Starbucks.

76 posted on 01/28/2009 3:12:12 PM PST by Citizen Blade ("A Conservative Government is an organized hypocrisy" -Benjamin Disraeli)
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To: ichabod1
aah... contrary to popular opinion around here, I think ‘bucks is pretty tasty

I'm sorry, with a statement like that, I just can't take you seriously. ;-)

But you're right, they have enough market pentration and brand equity that they won't go anywhere - I'm just saying that their market strategy of "1 Starbucks per 2 people" was quite effective under the assumptions they had made. Unfortunately, those assumptions no longer hold.

77 posted on 01/28/2009 3:16:14 PM PST by thefrankbaum (Ad maiorem Dei gloriam)
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To: Citizen Blade
"There is a gorgeous goth chick..."

Gorgeous and goth do not intersect!

78 posted on 01/28/2009 3:16:16 PM PST by editor-surveyor (The beginning of the O'Bummer administration looks a lot like the end of the Nixon administration)
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To: yazoo

Yep, and the coffee is most definitely better, and without the waft of stale grease coming from the drive-up window. Where I live, all I hear are the usual lefty/hippie/unemployed/struggling artist/wannabe hipsters complaining about soul-less Starbucks corporate coffee squeezing out local shops. So, apparently Starbucks can’t win with anyone. It’s good coffee, and unless you’re a big fan of the flavored stuff, it’s quite reasonably priced.


79 posted on 01/28/2009 3:19:30 PM PST by SoDak (Molon Labe)
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To: iacovatx

If you would like 100% Hawaiian Kauai Coffee, go here:

http://www.kauaicoffee.com/OurCoffee/faq.aspx

We pick it up at the plantation on Kauai every two years, when we vacation there. There just isn’t anything better.

That link is where the Island of Kauai folks sell their coffee on the internet.


80 posted on 01/28/2009 3:20:46 PM PST by Gator113 ("Noli nothis permittere te terere.")
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