We’ve long been expecting an announcement like this from Starbucks, and yesterday it finally came. The Seattle-based coffee king said that it will close 600 stores and eliminate 12,000 jobs. With a gallon of gas nearing the price of a venti Mint Mocha Chip Frappuccino, is it any wonder that Starbucks’ speeding growth has quickly shifted [...]
Archive for July 2nd, 2008
Coffee sales cool
Posted in Company Scuttlebutt, tagged Mint Mocha Chip Frappuccino, Seattle, Starbucks on July 2, 2008 | Leave a Comment »