kris23

Starbucks Slowdown: Tough Times No Time For a Venti

Obviously in times like these, luxury coffee would the first cut expense when you can make it so easily at home. Clearly SBUX offers more of an expierence than just a cup of coffee, but its clearly something consumers are willing to forgo as well. Starbucks is predicted to close down today (www.predictwallstreet....) and between closing numerous stores and weakening revenue its not doubt SBUX will be hurt badly in an economic downturn.