Starbucks Corp. (SBUX)

All Comments on SBUX

  • commenter
    Jul 23 12:53 AM
    My Website
    Inflation: Tears in Your Coffee [view article]
    The table's been corrected ... Reply
  • commenter
    Jul 22 02:16 PM
    Starbucks: Too Expensive [view article]
    Trend? At least in Calif. its part of life, just like Coca Cola and Levis are popular world wide. Anyone look at America and coffee consumption? While i dont think it will reach 2006 high of $39. it will reach $25. Now is a buying opp. Depends on if your in it for long term. Economy will go positve again, but when?? 6 months or 2 years. All of these great stock jocks base their performance on 2,3,4 years or more! Reply
  • commenter
    Jul 21 06:40 PM
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    As a former Restaurant manager that last hour is very important to getting the location ready to close. Cleaning, restocking, etc. is being done. The time you close has a lot do affect on the two hours before the door gets locked. -2 hrs customer tarffic slows employees regroup for preclose. -1 hr cleaning and restocking like I said before. 0 hr lock the doors clean all the stuff that you cant do with people in the location. If you where to close even 1 hour eariler you would be moving into the tail end of the peak business hours, with employees wanting to get out and hour early they start pre-closeing, and ignore the customers. Its kills business in the long run, you loose money by trying to save a few bucks.
    We did the same thing in the Restaurant that I worked in. They wanted us to close at 10 instead of 11 Sun-Thurs. I told my DM that I would not close early, after a big fight he let me be a test store. While my labor stayed about the same and the other stores labor dropped my sales stayed the same and the other stores SALES dropped. All business is opperated to MAKE money not save it. When you start running a business to save money,and not make more money, run dont walk away from it.
    Reply
  • commenter
    Jul 20 06:46 PM
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    Predatory Monster? Overdramatic blooger? Reply
  • commenter
    Jul 17 09:46 AM
    My Website
    Inflation: Tears in Your Coffee [view article]
    Yup. The dates at the top need to be switched.

    How'd THAT happen? Probably the watered-down, inflation-fighting coffee in the proof/editing stage.

    Thanks for the catch. It'll get fixed.
    Reply
  • commenter
    Jul 17 09:29 AM
    Inflation: Tears in Your Coffee [view article]
    Looks like you reversed the March and June price headings. Good post though. Reply
  • commenter
    Jul 16 05:23 PM
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    To gokou3:

    It's reasonable to think that it's a cut-loss strategy, but however you define it, the net result is lower costs.

    Now, I'm not saying that cutting hours at all locations makes sense. For example, there are Starbucks in Las Vegas that are open 24/7, and for those locations, cutting back hours would truly hurt business. But for most neighborhood locations I'm familiar with, the sales revenue generated during the final hour isn't sufficient to pay the staffing necessary to keep the store open.

    I think the company will need to look at every avenue to restore growth.
    Reply
  • commenter
    Jul 16 03:03 PM
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    It's about time this predatory monster experiences what they did to so many family owned businesses. The lower it goes, the better it gets. No love lost for Starbucks as it was never there. Reply
  • commenter
    Jul 16 01:47 PM
    Starbucks: Too Expensive [view article]
    The author doesn't get SBUX.

    The company is purposely forgoing sales with an emphasis on store profitability.

    Management is purposely forgoing expansion in the US, correctly assessing the outlook here for a long period of time. The best consumer stocks will be the ones cutting back on store expansion.

    There will be many more of them, so measuring them on sales growth makes no sense.
    Reply
  • commenter
    Jul 16 01:26 PM
    My Website
    Starbucks: Too Expensive [view article]
    Such a fine analysis and so pretty, but I dare say it does not portray Starbuck's future. I tried their new smoothie yesterday and I was stung to realize they were better than my own, nutritionally sound, and modestly priced. Yes, my head goes with the analysis, but I will follow my heart in this case and give a buy recommend to Starbucks. I expect it to have a rosy future. Reply
  • commenter
    Jul 16 01:25 PM
    Starbucks: Too Expensive [view article]
    Anyone for a krispy kreme donut with their Starbucks coffee? Reply
  • commenter
    Jul 16 01:01 PM
    My Website
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    Reducing opening hours is not a focusing/efficiency strategy; it's a cut-loss. If you think in terms of net income per employee, wouldn't this mean further profit erosion? Reply
  • commenter
    Jul 16 12:03 PM
    Has Starbucks Bottomed? Not by a Long Shot [view article]
    In my region (Northern NV) many of the SBUX stores are curtailing their hours, typically closing an hour earlier than before. If that program extends to the entire chain, the company could save as much as $168 million a year just on labor. (Figure 3 employees/location @$11/hour x 363 days/year x 14,000 locations.) A small thing, but a significant savings.

    Fundamental changes are still needed, but I think the company is at least attempting to narrow its focus and become more efficient. 600 store closings isn't that significant in savings, because the lease termination costs will eat up any perceived savings the first year. Slowing the pace of opening new stores seems a better strategy to me.
    Reply
  • commenter
    Jul 16 10:21 AM
    Starbucks: Too Expensive [view article]
    It's about time for this whole coffee trend to stop. Tea. That's the future.

    Moron.
    Reply
  • commenter
    Jul 16 07:33 AM
    My Website
    Starbucks: Too Expensive [view article]
    Trends, fads, popularity contests, they all seem to end eventually. Reply

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