StarBucks closing 150 stores !!!!!
 

The company told investors late Tuesday that it expects same-store sales to grow just 1% for the quarter that begins next month, lowering its previous guidance. The stock slumped 3.5% in after-hours trading.

#Thanks Chump :1orglaugh:1orglaugh

https://i.imgur.com/3pp45zE.jpg

https://i.imgur.com/wGmllg9.jpg

Strange. Who'd have guessed that turning your bathrooms into places to shoot up for junkies and shower facilities for the homeless would affect your ability to sell grossly overpriced coffee?

I haven't bought Starbucks in over a year..

Phil hit me up about your content, do you still have the edited vids and photos gals?

Weren't they suppose to be opening a store an hour in China or some shit?

Sure do! 1000s of them. Ill call you tomorrow if you are still on the same #

email me, I'll sell it for you!! :thumbsup:thumbsup

Joking apart, i do agree the cost of a Venti Mocha and other coffees they sell is stupidly overpriced. I owned a coffee shop in San Diego and we worked out the cost to make a Venti Mocha was around 20 cents (in 2010) and that included overheads and materials. A Starbucks Venti Mocha then was around $4.25 today its $5.14. Coffee is more profitable than alcohol !!

Naive young people with leftwing views are mostly Starbucks customers. More and more of these people are waking up, smelling the coffee, see their believes and their overpriced crap are bullshit and start being responsible - hence they stop buying expensive disgusting franchise sweet kid drinks Starbucks calls 'coffee'.

I bet half of the people who drink this shit don't even know what actual coffee tastes like.

https://encrypted-tbn0.gstatic.com/i...EDCp3Gaf9UY1st


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businessinsider /subway-to-close-another-500-stores-2018-4

"Subway is planning to close 500 stores this year.
Last year, the sandwich chain's US store count fell by 909; it lost almost three times as many locations as it did in 2016.
Subway's struggles are tied to overexpansion, failure to keep up with trends, and internal battles, including a lack of confidence in the CEO."

Considering there was a Starbucks and Subway on basically every street corner in the U.S. a few years ago, there's no way they're generating enough foot traffic to those places to keep them all open. I'm sure by "overexpansion" they meant there are so fucking many locations they've gotten to a point where they're basically completing with themselves.

I wonder if by "keeping up with trends" they mean the surge in popularity with low carb diets.

I've been saying this a while. It's not just the over expansion. The franchise costs are brutal to the owners.

they are proly just closing the ones that don't make shit. In my city, we had 2 in grocery stores and they just opened a new stand-alone one last month and all 3 are busy all day long.

I get my Starbucks fix once a week. :thumbsup
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There is a Starbucks one town over but I’ve never seen cars there. It’s in a depressed area shopping center near Dollar Zone, $5 Or Less, and Market Basket. I only drink iced coffee and can’t really judge as I only get Dunkin Donuts or homemade. I think five dollars for a cup of coffee is crazy.

Then again, a friend went to an ice cream shop in a small restaurant. They feature 90 flavors. She and two of her kids got medium cones of three scoops each in a cone with two toppings.

$8.25. Each. Ice. Cream. Cone.

Over $26 with tax. For ice cream in a cone. No gold paper. No diamond sprinkles. I paid $5,99/pint of Halo Top ice cream and bitched for a week!

Not even close

Think of it like this:

I was spending around $4 a day for my iced Venti Americano. That's almost $30 a week!

30 x 52 = $1560.00 a year!

Think about how much Bitcoin I could buy with all that actual coin!

closing stores means there are not many profits. they will just add more in better locations. kmart went bankrupt and closed a bunch of stores. they bounced back. walmart same shit

R.I.P Lil man XXXTentacion

If people recall, Krispy Kreme tried like 15-ish years ago to offer a "low carb donut" as that diet (and others) were cutting into their sales substantially.

I can tell you guys as someone who has been eating this way for a very long time, that owns a gym and has previously owned others and that talks to people almost daily about diet, nutrition and meal planning, that low carb/high fat eating is spreading like wildfire right now... far faster than when it was "the atkins diet".

More and more mainstream supermarkets are carrying things like cauliflower rice, carbmaster milk, zero carb yoghurt and so on and so on. There is a quiet revolution happening right now with diet that is far bigger than what we've usually seen and FINALLY, people are getting that you have to cut sugars and grains.

Places like subway(bread) or starbucks (sells cups of sugar) I think are going to suffer more and more. Of course you can sell low carb items or coffee doesn't need to be a cup of syrup... but that represents a massive % of sales and these are the very things that make food addictive to begin with.

On a personal note, its fucking phenomenal that people are waking up to the fact that we are not supposed to be eating sugars and grains and that most modern health maladies began with agriculture 10k years ago and the introduction of grains as a staple in a diet of hunters and gatherers/meat eaters.. the consumption of sugar+grains and were greatly accelerated in Western nations with dietary guidelines which tell you to eat the exact opposite of how your body is designed to eat and where calorie dense fat and proteins were replaced with empty carbs.

In fact... how do you fatten a cow (or any mammal)? Low fat, low protein, sugars and grains.

The problem with rising heart disease (someone over 40 remembers that THIS was the big health crisis in the 70s and 80s and cancer was something you only read about. Heart disease correlated to sugar consumption. The result was being told to eat less fat - as a result, everything became "fat free" and "double sugar". In fact,almost all processed foods have obscene amounts of added fructose and other forms of sugar.

Todays health crisis across the globe can be attributed to one single man and a single fraudulent study where he sought to prove that fat causes heart disease and did a study on 22 countries... then cherry picked the 7 that showed a correlation between high fat diets and heart disease..... Ansel Keys. His fraud is responsible for 10s of millions of dead, many Cancers, Alzheimers (also called Type 3 Diabetes), behavior problems, ADHD, learning disabilities, children being born with Type 2 Diabetes etc etc etc as well as the trillions of dollars in health care costs worlldwide which resulted.

Oh... and fun note. The dietary guidelines published in 77 under Senator McGoverns committee were written by a labor reporter who was a vegetarian as well.... and which was then later heavily altered by food lobbies. That's how idiotic governments are.

Starbucks opening 3000 stores in China.. one every 15 hours..

Starbucks is adding nearly 3,000 stores in China

Amazon Prime, who needs a store?






















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</sarcasm> for the dolts

There are at least 5 Starbucks within 1 mile of me; they are all busy, all the time.

Time to make your own coffee mix.

imma tasters choice or dunkin. i don't need a $10 cup of fucking coffee :1orglaugh

In what country does Starbucks cost $5 a cup?

did they start paying taxes already?

:1orglaugh:1orglaugh:1orglaugh how true :thumbsup

So buy cheap coffee and brew it at home! :2 cents: :pimp

I never buy coffee from Starbucks
Waste of money

They have over 28,000 stores so 150 is nothing.

https://www.zomato.com/sydney/starbucks-3-cbd/menu

Straylia does. Starbucks has twice tried to open around where I live but there's to many good coffeeshops around so they close after a few months same with most USA based chains. Sydney is like a city of small villages some there's a maccas on every corner and in others like where I live, I wouldn't even know where the nearest, Maccas, Pizza Hut or burger place is or if they even exist.

that's the issue they have in places where there's already a culture of great local shops. For example in Spain: A starbucks or subway are unnecessary to begin with, because there's tons of great local coffeeshops and sandwich shops any sane person would prefer over these mass franchises that look the same everywhere, lack personality, lack great local food and great coffee, and have this fake factory feel to it.

:thumbsup:1orglaugh:1orglaugh

Exactly man, whoever buying 5$ coffee is soft. Total waste

I had ONE starbucks coffee in London (if I remember right..) and I hated it

who the fuck drinks 0.5 liter of watered down coffee? cool cookies and shit though

anyway, thanks but I'll choose an italian espresso or good ol' turkish coffee any time :thumbsup




also.. how the fuck is it Trump's fault? :1orglaugh:1orglaugh:1orglaugh

I agree that Starbucks' coffee products suck. Their corporate culture is also a sea of liberalism.

But what has really hurt them lately is that they kowtow to absurd political correctness and perceived social injustices. This is an example of how liberal appeasement can backfire. People are taking notice and going elsewhere ...

https://www.washingtontimes.com/news...sement-growth/

The most expensive coffee on that menu is $6.70; or are your numbers different than ours?

Starbucks is grear for dumbed down American tourists abroad, which I'm sure you love with all your little tiny cold black heart :D

Hope one day it will be opened in my county!

Yup, they were making the money on selling franchises, fuck the small mom n pop operator:2 cents:

Maybe people are starting to realize 3.00 for a medium coffee is like punching yourself in the balls for no reason. Sure it wakes you up... but why?

I don't drink coffee or anything remotely related; I just never acquired the taste for it. I couldn't name a single Starbucks drink.

In our area we have "Dutch Bros" which is more of a drive through smoothie place, and I don't get that either. It's a nice treat every now and then but I don't need to go every other day. I would much rather go to the mom and pop burger place down the street and get a milkshake.

I always get a quad venti white chocolate mocha $8.57 :thumbsup

I don't drink coffee, but love a good Chai.

Starbucks = $4.87
Dunkin Donuts (across the street) = $2.96

Even cheaper to make them at home. $3 for the liquid mix and I can make 5 of 'em.

Hey Pam, You can catch Friendly's Ice Cream on sale for $3.99 at Stop and Shop. If you want to talk about overpriced ice cream, B&Js. But damn. I love their Half Baked ice cream!. At $4.99 a pint. I usually pass.

I've visited starbucks ones in my entire lifetime which took place on a trip to hongkong, it just happened to be the closest shop to get a coffee. I don't drink coffee either today.