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Starbucks closing 150 stores in urban markets WHO COULD HAVE PREDICTED?
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Date: June 20th, 2018 6:41 AM Author: Pearl piazza The coffee behemoth is retrenching in its home market as it contends with sales growth that Chief Executive Officer Kevin Johnson acknowledges isn’t fast enough. The cafe chain said Tuesday it expects comparable sales to rise just 1 percent globally for the current quarter—the worst performance in about nine years. That’s well below the 2.9 percent analysts were expecting, according to Consensus Metrix.
Starbucks also plans to close about 150 company-operated stores in densely penetrated U.S. markets next fiscal year, three times the number it historically shuts down annually. Shares initially slid as much as 6.3 percent in late trading Tuesday before inching back up. The stock was down 1.6 percent as of 5:24 p.m. in New York.
“Our growth has slowed a bit,” Johnson said in an interview. “I expect better, I think our shareholders deserve better, and we're committed to address that.”
Although business abroad has been booming and the chain has been opening more and more cafes, U.S. sales growth has stalled for the company that brought espresso to the masses. With about 14,000 stores domestically, Starbucks is now pumping the brakes on licensed and company-operated locations, with a renewed focus on rural and suburban areas—not over-caffeinated urban neighborhoods where locals already joke that the next Starbucks will open inside an existing store.
https://www.bloomberg.com/news/articles/2018-06-19/starbucks-pumps-the-brakes-in-its-home-market
All cause you couldn't tell some blacks to fuck off. |
Date: June 20th, 2018 6:44 AM Author: Lake pit umm, seriously doubt these are in poor urban areas, its in the downtown financial districts where these idiots will literally place a starbucks across the street from each other... im in asia and these fukturds are doing it here too and in the long run it canabilizes sales (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276520) |
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Date: June 20th, 2018 6:48 AM Author: Pearl piazza Downtown financial districts still have homeless and black, turdy. (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276524) |
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Date: June 20th, 2018 6:52 AM Author: Lake pit thats not the problem u dumb whore, not everything in the world is the fault of black ppl jfc (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276526) |
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Date: June 20th, 2018 6:53 AM Author: Arousing Turdskin Masturbator (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276527) |
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Date: June 20th, 2018 6:54 AM Author: Lake pit thats every fuking big US city, wtf is ur point, that isnt why starbucks is closing stores, its clearly cause they fuking literally build stores right next to each other (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276530) |
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Date: June 20th, 2018 9:47 AM Author: Swashbuckling depressive round eye they've been doing that for like 20 years and it's worked for them up until now. (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36277055) |
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Date: June 20th, 2018 9:49 AM Author: Arousing Turdskin Masturbator (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36277072) |
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Date: June 20th, 2018 6:55 AM Author: Razzle-dazzle filthpig rigor Sounds more like Baghdad. (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276531) |
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Date: June 20th, 2018 7:02 AM Author: Lake pit True story: most big cities in the Mideast are safer and cleaner than US cities. BAghdad may not be safer but it's probably actually cleaner (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276537) |
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Date: June 20th, 2018 7:03 AM Author: Arousing Turdskin Masturbator (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276546) |
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Date: June 20th, 2018 7:05 AM Author: Lake pit blah, typical lemming white nationalist attitude
most places in mideast have some africans, there are even black iraqis and saudis.... and there is massive division within islam between sunni and shiite
the real issue is no easy access to guns usually, except in like yemen |
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Date: June 20th, 2018 7:10 AM Author: Arousing Turdskin Masturbator (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276565) |
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Date: June 20th, 2018 7:16 AM Author: Lake pit you sound like a white nationalist loser
obviously iraq has HUGE sectarian religious issues
is there any problem in the world you think is NOT caused by blacks or muslims?
STFU |
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Date: June 20th, 2018 7:21 AM Author: glassy skinny woman yarmulke Question: are the HUGE sectarian religious issues in Iraq caused by Muslims? (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276591) |
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Date: June 20th, 2018 7:22 AM Author: Lake pit that is a stupid fucking question (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276594) |
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Date: June 20th, 2018 7:23 AM Author: glassy skinny woman yarmulke You walked right into it Thomas (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276599) |
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Date: June 20th, 2018 9:50 AM Author: Lake pit wtf is he saying, christianity has sectarian issues too... the point is mideast has divisions even without blacks (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36277078) |
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Date: June 20th, 2018 7:25 AM Author: Arousing Turdskin Masturbator (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276602) |
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Date: June 20th, 2018 8:53 AM Author: Concupiscible Selfie LOL (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276804) |
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Date: June 20th, 2018 9:01 AM Author: Zippy whorehouse jfc lol (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276820) |
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Date: June 20th, 2018 9:05 AM Author: deranged center haunted graveyard (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276833) |
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Date: June 20th, 2018 9:13 AM Author: Vigorous Internal Respiration Church (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276861) |
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Date: June 20th, 2018 9:43 AM Author: avocado clown lmao who could have seen that coming less rhetorical jiu jitsu by jjj tp than rhetorical walking into oncoming traffic while texting by tt tp |
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Date: June 20th, 2018 9:48 AM Author: Swashbuckling depressive round eye lol (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36277060) |
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Date: June 20th, 2018 7:22 AM Author: henna ticket booth sandwich surpised at all the Portuguese in Andorra (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276593) |
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Date: June 20th, 2018 8:56 AM Author: dashing coiffed national security agency point Got to try to avoid all those alleys in MFH! (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276808) |
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Date: June 20th, 2018 7:18 AM Author: henna ticket booth sandwich LOL Who could POSSIBLY have foreseen this |
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Date: June 20th, 2018 7:19 AM Author: tantric national But where will the heroin addicts go to the bathroom without Starbucks? Won't someone please think of the bums! (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276587) |
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Date: June 20th, 2018 8:44 AM Author: Contagious Double Fault Crotch I would never consider visiting a Starbucks. No good people will. (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36276785) |
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Date: June 20th, 2018 9:50 AM Author: fragrant tan menage (http://www.autoadmit.com/thread.php?thread_id=4006197&forum_id=2#36277080) |
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Date: June 20th, 2018 9:51 AM Author: Swashbuckling depressive round eye coffee is for faggots anyways. waaah i can't function without spending $5 for some overcaffinated cup of shitwater that goes from 500 degrees to lukewarm in like 45 seconds and that I have to stand in a line and interact with a millennial shitfucker with a sociology degree just to get.
drink a fucking diet coke or stop being such a pussy. |