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Starbucks is closing 500 stores and laying off 7% of its workforce in the US
- Thread starter Arabian
- Start date
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hog#head#cheese
Guest
Thank fuckin god with there sorry ass tasting coffee give me dunken doughnuts coffee any damn day
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hog#head#cheese
Guest
Hopefully the whole chain will go down
Last week the girls in my office were like we are going to Starbucks do you want anything .. I said yes and gave them a $50.00 dollar bill to pay for all of ours.. there were 8 of them and I received no change.. I was like WTF.. I was laughing about it however thats absurd..
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hog#head#cheese
Guest
Any one that knows anything about coffee knows there brewed is garbage
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RachelEFC
Guest
i guess when you offer benefits to your part-timers you can't afford to keep your stores open
That is one thing that I admired about the company however 2 years ago they implemented the increase in coffee prices across the board to cover the medical insurance for all employees. Now, I know that the consumer is ultimatley going to pay for it however this was a blatant publicility stunt by there CEO to justify the increase in prices...RachelEFC said:
titeNtonedN08
New member
i like starbucks! i don't think the 3 by my house are going anywhere 
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RachelEFC
Guest
Arabian said:
It's all about feasability... health care is an enormous expense for anybody. You have to offset it somewhere. Admirable yes, but appropriate...
Sorry I felt like getting lyrical with what you said, I know I was restating your comment.
Sorry kids I'm in an odd mood.
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RachelEFC
Guest
Arabian said:
I pass three everyday on the way to work! Deciding if I need my coffee early to wake my ass up driving in or if I need it hot for when I first settle into my desk is a decision I make everyday.
titeNtonedN08
New member
Arabian said:
muaahahahahaha! not anymore..
i remember visiting a lil remote island last summer.. and feeling so ambivalent about the whole experience b/c there were no starbucks on the island.. i felt like it was a lil too weird for me.. relaxing nonetheless!
Bikini Mod
New member
hog#head#cheese said:
THE ONLY THING that is good about NJ is that there is a Dunkin Donuts every 50 feet LOL
Interesting how these major lay-offs are coming on the heels of that decision that they HAVE to pay their employees more than slave wages because their profit margin is so fukkin high (or something to that effect). So rather than treat their employees like human beings they just close up shop.
NYICE
Sounds like the American way alright.
H
hog#head#cheese
Guest
BIKINIMOM said:
DD is the best chain american coffee there is no fuckin arguement
$1.69 is how much I pay for a cup at my packed Starbucks. I love the baristas and they give me their alotted free pound of coffee a week. I guess I just have a great connection to the people at mine, so I love Starbucks.
There 5 within 5 miles of me easily. There is one in the strip mall down the street. There is one inside the grocery store at the strip mall down the street. There is one at the outdoor mall a block past the strip mall down the street. There is one 2 miles down the hill. There is one 2 miles down the hill in the other direction.
chazk
New member
We have 15 starbucks in tampa
5 of them are in my area and with in 3 miles of each other. I can literally drive to
all 5 from one to the other in a big circle in just a few minutes , if you look on the map you wil see what i mean
http://yellowpages.superpages.com/l...Tampa+FL+&searchbutton.x=59&searchbutton.y=14
5 of them are in my area and with in 3 miles of each other. I can literally drive to
all 5 from one to the other in a big circle in just a few minutes , if you look on the map you wil see what i mean
http://yellowpages.superpages.com/l...Tampa+FL+&searchbutton.x=59&searchbutton.y=14
needtogetarmy
CEO of Project Mayhem
Arabian said:
I was joking with my students last semester that only an idiot would drink coffee that costs $4.89 a cup (I said this while holding my cup of Starsucks and pointing at it).
I hope one of the 7% that gets shitcanned is the kid who never fills my cafee mocha to the top. lol
Starbucks (SBUX) closed at $15.74 today... Now since the company is overvalued , watch the stock tumble.. They are guaranteed not to make earnings in the 3rd.. Look what happend to Krispy Kreme Donuts... It was trading at 85 times earnings and it fell to a penny stock the first quarter the market adjusted...Millions of investors were out hundereds of millions of dollars... The exact same thing will happen to Starbucks..
needtogetarmy
CEO of Project Mayhem
Arabian said:
+1
They should have grown much slower and focused on franchises.
The market is rewarding their behavior.
That is exactly right, there are no short cuts to the top. At least with franchising there investment is paid up front and gross profits are taxed. If they had 1200 locations that were 80% franchised paying 32% of gross profits quarterly, they would be in great shape...Army Vet said:
DannoMight
New member
man i really give 2 shits less about starbucks. i went in there once and looked at the prices then seen a tip jar at the counter??? $5 for a coffee plus a tip?????
sorry son not happenin
sorry son not happenin
gjohnson5
New member
There was a time in my life where I lived in hotels due to the fact I worked alot of 3month and 6month contract jobs (So I never signed leases)
At that time Starbucks was somewhat attractive, but considering I could plug my laptop into my work network for free.... There wasn't much point even for me.
I really can't see why anyone else would even think about that
At that time Starbucks was somewhat attractive, but considering I could plug my laptop into my work network for free.... There wasn't much point even for me.
I really can't see why anyone else would even think about that
Arabian said:
Razorguns
Well-known member
Arabian said:
Starbucks demographic was upscale yuppies fresh from a massive dot-com boom.
That boom died. And then the next mortgage boom died too.
So now their target demographiuc has shrunk. Mostly replaced by poor hispanics in areas they are still located. They are now closing them. No sense having starbucks in barrios. Starbucks will still be located where they are needed. White upper middle class areas.
r
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silverstar1025
Guest
hog#head#cheese said:
Die now! Don't ever say that again!
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silverstar1025
Guest
Arabian said:
I always give them a penny when I use cash. My drink cost $3.84 and I always give them $3.85. I am so giving
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silverstar1025
Guest
Arabian said:
You too!
Bikini Mod
New member
Starbucks coffee sucks ass!
But there aren't enough Dunkin Donuts in the state of Texas so I feel like I am being held hostage by Starbucks. LMFAO
But there aren't enough Dunkin Donuts in the state of Texas so I feel like I am being held hostage by Starbucks. LMFAO
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silverstar1025
Guest
BIKINIMOM said:
Yep I never see Dunkin here in Houston. I love my Starbucks though. It's bad that there is drivethru by my housee. Not good for me!
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silverstar1025
Guest
EnderJE said:Yeah, I used to drink Coffee Time coffee until I moved to a building with a Starbucks next door.
Damn, that coffee is expensive; but it does keep me up in the morning!
Sure does! It's nice and strong. You know it is strong when your pee smells like coffee. TMI lol
Bikini Mod
New member
Meh... we gotta neat coffee maker with a sef-timer thingie and they finally offered Dunkin Donuts coffee in the grocery store and costco. Until we can get the coffee maker that will like blow you for 4K (how obscene is THAT but DAMN it makes coffee that is UNBEE-LEEE-VABLE) my morning Java comes outta da machine on the counter in my kitchen.
When I was back east it was my daily ritual to get my sorry ass outta the house and visit the Dunkin Donuts around the corner.
*sniff*
THE ONLY thing I miss about NJ.
When I was back east it was my daily ritual to get my sorry ass outta the house and visit the Dunkin Donuts around the corner.
*sniff*
THE ONLY thing I miss about NJ.
Bikini Mod
New member
redguru said:
Extra large, light with cream and NO SUGAR. LOL
Krispy Kreme donuts are superior to Dunkin Donuts IMHO, but NOBODY'S coffee even comes close to Dunkin Donuts.
Bikini Mod
New member
rudeboyja said:
You know sumthin? My Old Grump and I frequent Starbucks often as I need my caffeine fix throughout the day (and there is NO DD
) and we have NEVER met Starbuck's employees who actually LIKE working there. I mean, we are always laughing and cutting up and the employees always say they love it when we come in to visit but they HATE working there.I am thinking that for those who do get canned it will probably be a good thing and they will realize how much they were limiting themselves working for a corporation that didn't give A SHIT about them.
But yes, I do know how much it sucks to get fired..... initially anyways.
I didn't think that Starbucks was the only one.BIKINIMOM said:You know sumthin? My Old Grump and I frequent Starbucks often as I need my caffeine fix throughout the day (and there is NO DD
I am thinking that for those who do get canned it will probably be a good thing and they will realize how much they were limiting themselves working for a corporation that didn't give A SHIT about them.
But yes, I do know how much it sucks to get fired..... initially anyways.
rudeboyja
New member
BIKINIMOM said:You know sumthin? My Old Grump and I frequent Starbucks often as I need my caffeine fix throughout the day (and there is NO DD
I am thinking that for those who do get canned it will probably be a good thing and they will realize how much they were limiting themselves working for a corporation that didn't give A SHIT about them.
But yes, I do know how much it sucks to get fired..... initially anyways.
Howard Schultz had to pull the trigger. THey lost over 4 billion last year.
Bikini Mod
New member
C'est la vie....
I wish they would open more Dunkin Donuts in Texas.
WTF is up with THAT?!?!?!
I wish they would open more Dunkin Donuts in Texas.
WTF is up with THAT?!?!?!
needtogetaas
New member
I am bringing at least 3 bags of dd's coffee when I come down. I can't drink thatBIKINIMOM said:
crispy cream swill.
rudeboyja
New member
BIKINIMOM said:You know sumthin? My Old Grump and I frequent Starbucks often as I need my caffeine fix throughout the day (and there is NO DD
I am thinking that for those who do get canned it will probably be a good thing and they will realize how much they were limiting themselves working for a corporation that didn't give A SHIT about them.
But yes, I do know how much it sucks to get fired..... initially anyways.
I know a lot about stocks and companies.
needtogetaas
New member
If this site is not worth anything to you. Then leave. 6 years of your life waistedSpanky11 said:
on a worthless site. HMMmmmmmmmm now who is the crazy one.
the hell with starbucks....y'all shoulde move to Canada and drink Timmy's
Bikini Mod
New member
needtogetaas said:
And just in time as the bitch stole more than half my bag of Dunkin Donuts coffee too.
YEAY!!!
We will be in heaven. LMFAO
Bikini Mod
New member
needtogetaas said:
My sentiments exactly.
You know, you turn the lights on and all of the cockroaches scatter.
Do you miss any of them?
I know I don't!
Arabian said:
brewed coffee in only $1.80. It's the fancy pants concoctions that most Starbucks customers insist on ordering that costs 4 bucks.
chazk said:
yeah it's Coldstone Creamery. Great ice cream, but no better than Brusters, which in our area is killed them. They both serve super premium ice cream, but Brusters is cheaper.
L
lartinos
Guest
Starbucks like many other things in our society is a luxury item, as the economy goes so will starbucks and other items such as many clothing stores. Look for starbucks to rebound in a big way and start opening stores when the economy eventually comes back.
Grumpy Old Man
Grumpy Old Biker Bastard
Starbucks is all about the bottom line. When they were ordered to pay their employees they decided to close the lower performing stores. Simple, bottom line. When there is a Starbucks on every corner in every grocery store and shopping center it is easy to close a few thousand and make it seem like that was a big deal.
The fact is that their profit margin for a cup of coffee is 90+% If it was gasoline the price would be $145 a gallon
The fact is that their profit margin for a cup of coffee is 90+% If it was gasoline the price would be $145 a gallon
There's a former restaurant location in Southhampton that has failed for years, every new business that went in closed up within months. They made it a Starbucks and it's thriving for a few years now.
Go Figure.
I think they grew too large, too many location in a radius too small and they're scaling back.
Go Figure.
I think they grew too large, too many location in a radius too small and they're scaling back.
Arabian said:
You know that doesn't bother me, I think it's important that people have health insurance.
I mean people can make their own coffee for pennies a day in their homes and offices so if someone is so lazy that they have to buy coffee everyday they really ought not to complain.
billfred
New member
Arabian said:
This is where the Starbucks concept got off track. Starbucks motto used to be we are not selling coffee, we are selling a refuge from Work and Home.
In that sense, people were happy to pay $4.5 for a coffee to have a nice leather couch to sit on, some good mags to read and a place to use your laptop.
Somehow they lost all that and started building boxes stores with drive-up windows and hard chairs. They were just selling coffe - no refuge and people started saying - hey why am I paying $4.50 for this coffe in a drive-up window.
gjohnson5
New member
I dunno if many of you ever spent any time in the Crown Room or other frequent flyer private areas of airports, but Starbucks is like a public Crown room. A public Crown that instead of free drinks , they're over priced....
They definitly need to downsize in other to stay in business
They definitly need to downsize in other to stay in business
billfred said:
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hog#head#cheese
Guest
Ill say it again people who think starbucks is good coffee Know 0 about coffee
^^good bro material
Go with Tim Hortins
Go with Tim Hortins
jackangel said:
you don't drink coffee??!?!?1
wtf?
I had starbucks for the first time last week and I'm from Seattle.
jackangel said:
If I don't get my coffee in the morning...I'm not very pleasant...
billfred
New member
velvett said:
There is a Starbucks in the Forbidden Palace in Bejing. Go figure that out. That place looks like a fortress with all these state run gimmicky souvenir stores selling statues of the great wall.
Then in some little corner there is a Starbucks pumping in the caffeine to all the foreigners coming through. Pretty amazing site.
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SaladFork
Guest
PuddleMonkey said:
Funny we get it for free at work but I never drink it...
rsnoble-im-back
Banned
This is more of a Mcdonald's issue than the economy sucking ass. Of course that helps.
milo hobgoblin
New member
All I have to say is
BWHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAH
I guess now they'll have to get real jobs.
BWHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAHAHHAHAHAHAHAH
I guess now they'll have to get real jobs.
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