Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsStarbucks Announces Major Store Closures and Layoffs: What's Going On?
https://oopsthathappenedd.blogspot.com/
12 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies

Starbucks Announces Major Store Closures and Layoffs: What's Going On? (Original Post)
youssef5070
Thursday
OP
We had one open up a few months ago, it's always packed. Haven't tried it because lines are long.
Silent Type
Thursday
#7
Like drug stores, they are overbuilt and expensive coffee is one of first things people cut back.
Silent Type
Thursday
#8
malaise
(289,501 posts)1. I'll take Coffee tariffs
for a true Daily Double Ken
no_hypocrisy
(53,189 posts)2. Price of coffee has at least doubled.
That might be a variable.
Chipper Chat
(10,603 posts)3. Locally It's competition from 7Brew.
Silent Type
(11,260 posts)7. We had one open up a few months ago, it's always packed. Haven't tried it because lines are long.
durablend
(8,525 posts)4. A few hundred stores closing out of tens of thousands is nothing
sakabatou
(45,340 posts)5. Coffee costs too much, so many are making it at home or from other stores
somsai
(169 posts)6. The cost of the coffee is irrelevant
A double espresso might cost 10 cents more in materials.
People are earning and spending less. All restaurants have seen a drop off in customers.
Silent Type
(11,260 posts)8. Like drug stores, they are overbuilt and expensive coffee is one of first things people cut back.
Conjuay
(2,701 posts)11. They overbuilt, for sure.
Visiting the Kids in Seattle, we took a boat cruise. At one point the captain stops the boat and announces, "From this spot, you are within one half mile of 350 Starbucks locations."
So yeah, overbuilt, and not an especially good product.
hatrack
(63,627 posts)9. Starbucks pretty much defines "discretionary" . . .
See also: Las Vegas, Disney World, replacing a 3-year-old car with a new one, weekly trips to Applebee's, bouncy castles for your 1st-grader's birthday.
Jobs are drying up, inflation's roaring, and any number of things have got to go.
SunSeeker
(56,777 posts)10. Exactly. I'm using k-cups now. It's just as good and more convenient, at only 50 cents a k-cup. nt
Buckeyeblue
(6,033 posts)12. People are realizing Starbucks coffee is not good
Caribou, Bigby, even Duncan has better coffee than Starbucks.