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- Unprofitable Starbucks locations identified in a review focused on "transforming the business for the long-term"NWCN.com: Starbucks to Close 600 stores (July 1, 2008)
- Stores to be closed are located in major U.S markets
- 70% of closing stores opened after 2006
- Closures planned for remainder of 2008 fiscal year and first half of 2009 fiscal year
- Plans to open 200 new stores in 2009 in the U.S.
- Starbucks owns over 7,000 stores in U.S, over 16,000 worldwide
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On July 1, 2008, Starbucks announced that it will close 600 stores in the United States that consistently under-perform. Up to 12,000 workers will be laid off by the move.Reuters Starbucks to cut up to 12,000 jobs, close 600 stores (July 1, 2008)
CEO Howard Schultz Comment
"Throughout the history of the company, we have always aspired to put our people first. This makes our decision to close stores difficult, because it is disrupting the lives of the people who have worked so hard to deliver superior service to our customers."NWCN.com: Starbucks to Close 600 stores (July 1, 2008)-
Starbucks Close 600 Stores Questions
Which Starbucks are open on Christmas Day? 6 AnswersIn the zip code area 90019 (and 90018 because the other 2 were not open) Open: From 5-4?? He wasn't sure the times. Starbucks @ Crenshaw & Washington, ... read more
Which stores will Starbucks be closing? What are the specific locations? 2 AnswersHere is an interactive Google Map that shows every one of the starbucks stores closings: http://maps.google.com/maps/ms?ie=UTF8&hl=en&msa=0&msid=102401819280027... read more
I got mug at Hilton Starbucks on Oahu,Hi. Want another, cant see on store page. How can I get another? there were two models. 1 AnswerI found several on eBay that match your description: Click the link in the source section read more
Starbucks open on New Years Day? 4 AnswersAll standalone Starbucks shops will be open. Kiosk locations and express style Starbucks stores, for example inside an office building or in a grocery store are... read more
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