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Horry Horry is offline
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Default Starbucks closings.

On Sun, 01 Feb 2009 18:54:39 -0800, val189 wrote:

> On Jan 29, 6:55Â*am, Andy > wrote:
>> Starbucks closings.
>>
>> Starbucks announces 300 more store closures. That in addition to the
>> 2008 600 store closings.

>
>
> For me, it's no great loss. I have probably darkened their door thrice
> in my life. I didn't think the coffee was so great, either.
>
> Does anyone know what percentage of their store have closed in the last
> year or so?


They shut down 100% (3 of 3) in my city... and according to this
article, the Australian franchise is shutting (or has shut) down 75% of
its stores.

http://www.news.com.au/adelaidenow/s...006301,00.html

Starbucks to shut its three Adelaide stores

MEREDITH BOOTH

July 29, 2008 11:30pm

ALL three Starbucks coffee stores in Adelaide, employing about 30 people,
are expected to close on Sunday as the U.S.-owned Australian franchise
shuts down 75 per cent of its locations.

The subsidiary of U.S. company Starbucks Coffee will axe about 685 jobs
when, in five days, it closes 61 "underperforming" stores from 84
locations, leaving only 23 stores in Brisbane, Melbourne and Sydney.

"After evaluating several options to strengthen the business in
Australia, Starbucks made this decision to concentrate its attention and
resources on profitable growth, operational efficiencies and an enhanced
experience for customers and partners (employees) globally,'' a company
spokesman said.

Employees at Starbucks' Rundle Mall, Glenelg and Noarlunga stores were
told of the closures yesterday.

All closure sites will be made public tomorrow when posted on the chain's
Australian website after all employees are told.

Starbucks Coffee Company (Australia) made an operating loss of $36
million in the year to September 30, 2007, adding to a $27 million loss
the previous year.