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Written by Aaron Kremer
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Wednesday, 02 July 2008 15:13 |
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Yesterday Starbucks said it is going to close 600 stores around the country. There are at least 10 in Richmond. Click here for a map.
The company said it will close relatively new stores that have only been open since the beginning of fiscal 2006. Starbucks identified stores that were either not profitable or not projected to provide strong returns in the future.
Which ones seem slowest when you go in to get your fix? Any guesses which ones in Richmond might close? Plus, is this good for the locally-owned shops or is a harbinger of the coffee biz? More reading: Starbucks to close 600 U.S. stores, cut 12,000 jobs, MarketWatch.
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Last Updated ( Wednesday, 02 July 2008 16:00 )
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I'd say, at most, two more: one in henrico and another in chesterfield. i wont speculate on which, because, well, there are many and i have better things to do.
Most of the cuts Id suggest will be in the urban areas. Chicago, NY, LA, and HOUSTON, which seriously has a corner with three starbucks on it. those types of situations are the ones where Starbucks actually steals business from itself.