Starbucks closes 600 stores
Posted: Tue Jul 01, 2008 2:18 pmAnother Seattle employer seems to be catching a cold from the nation-wide economic downturn. Starbucks is closing 600 stores.
I remember that just a few years ago it would have been unthinkable to contemplate Starbucks running into trouble. But I suppose we can't possible compare a derelict firm like Starbucks to the likes of Boeing, Amazon or Microsoft. No, those high-powered companies will never stubmle.
Maybe that anti-recession force field around the Puget Sound is starting to weaken after all.
P.S. I wonder how this will impact my friend who took a second job as a Starbucks barista to deal with his family's credit card debt. But they are "rich", of course, since their East Side home has appreciated so much while my family has been slumming it in a lowly rental, throwing our money away...
I remember that just a few years ago it would have been unthinkable to contemplate Starbucks running into trouble. But I suppose we can't possible compare a derelict firm like Starbucks to the likes of Boeing, Amazon or Microsoft. No, those high-powered companies will never stubmle.
Maybe that anti-recession force field around the Puget Sound is starting to weaken after all.
P.S. I wonder how this will impact my friend who took a second job as a Starbucks barista to deal with his family's credit card debt. But they are "rich", of course, since their East Side home has appreciated so much while my family has been slumming it in a lowly rental, throwing our money away...