Wednesday, July 2, 2008

Starbucks closing 600 stores in the US

Starbucks is doing what was suggested in my earlier post. Refer to the post, "What startbucks can do?" on the same blog. Although it is a step in the right direction, they need to do more. Read the original blog for details. Strategy is right as the stock market reacted positively to the news.

Original post:

http://managementchitchat.blogspot.com/2008/02/what-starbucks-can-do.html

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