Re: Starbucks Closing 600 Stores in US
I think the CD's are mostly going away in any event.
The drive-thru stores have more people - on the order of 30 or 35 - I've been told.
I suspect there may be more closing and more layoffs. I've also heard the company is struggling to not cut employee benefits.
In part it may be that the entire "coffee culture" has reached the apogee of its cycle. There is lots of competition for product now with McDonald's and Dunkin and so on. The trick for Starbucks and all the other coffee houses for that matter will be to try and compete for the "culture" segment in my opinion.
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