brewboy

UBS Analyst: Starbucks' Slump Could Attract Investors

User 220539 certainly doesn't know SBUX Seattle Mgt /ownership at all. Beyond the remarks of the ill-informed, this painful chapter shoudl do the following: 1) Put to rest the "Starbucks, a great place to work" myth, they are just another corporation and terminate employees in no 'nice' manner. 2) If they close 600 stores that have opened primarily since 2006 and more recently, they will have a HUGE lease obligation unless they can find subtenants to absorb at least of their high rents. SBUX 'made" the market for rents, they were the top rent payer. Reminiscent of the homebuyers that bought, no money down at the top of the market. 3) Since many of their leases had a 5 yr termination window it might mean only 3 years left of rent obligation 4) Wonder if Schultz will use his investment in Pinkberry to put Pinky into the vacated SBUX...next 'single purpose craze' waiting to find that the market isn't forever.