Just today I hear they are closing over 600 Starbucks throughout the states (due to the economy and low sales).
That's really sad for the employees that will be losing their jobs because of this. But one would have to be blind not to see this coming. Starbucks went a little nuts opening up stores on almost every corner and inside almost every major department store. A little bit of overkill on their part if you ask me. Poor planning.
Couple the overabundance of stores with their $4.00++ cup of "burnt" coffee, throw in a very bad economy, and it adds up to only a matter of time before they had to start cutting costs, closing stores and laying people off.
