It's not something I am proud of, but I made my son do it. He had to walk the half-mile from the US consultate to the 'nearest' Starbucks as we had twenty minutes to kill before the passport services opened.
"Come on! I'll race you!" I even grinned.
Not one of my proudest mommy moments. What is it about the dark green, black and whilte logo that makes us adults go crazy? Conditioning at its best.
It turns out Starbucks is shuttering its doors on 500 stores. In the last fiscal year alone, according to the Wall Street Journal, they were opening stores an average of seven per day worldwide. Now that's a lot of lattes.
The article goes on to report:
Last year, as Starbucks's sales began to soften, it became clear that the company's expansion was cannibalizing its sales in a way that was threatening the chain's success, as well as causing the quality at its existing locations to slip. Analysts have said that Starbucks lowered the bar for choosing new locations in recent years.
You can say that again. Why don't they have one outside the consulate?
The article ends by remarking how the market abroad (as in, um, here) is still strong so they'll be looking to places such as Germany to spread their tendrils.
