Gee, I Wonder What Cities Starbucks CEO Johnson Is Talking About…

 

Bloomberg reports Starbucks is closing 150 stores. Inquiring minds might like to ask “Why?”

“The closing stores are often in ‘major metro areas where increases in wage and occupancy and other regulatory requirements’ are making them unprofitable,  CEO Johnson said.”

After the $15/hour minimum wage, and the ridiculous restrictions on opening any kind of business, might the Seattle City Council’s repeal of the head tax have come too little, too late?

Published in General
This post was promoted to the Main Feed by a Ricochet Editor at the recommendation of Ricochet members. Like this post? Want to comment? Join Ricochet’s community of conservatives and be part of the conversation. Join Ricochet for Free.

There are 40 comments.

Become a member to join the conversation. Or sign in if you're already a member.
  1. Quietpi Member
    Quietpi
    @Quietpi

    I’ve never encountered burnt coffee at an SBux, and I’m a regular because of work & meetings.  I assume you aren’t meaning dark roast which of course would be “over roasted” to someone who likes lighter roasts.  I prefer the darkest, most “smoky” – tasting roasts.  But see below.  

    Actually, I prefer the coffee I make myself.  I get “green” beans from Chatz Roasting Company (https://chatz.com/) and roast them myself.  My favorite is a dark roasted Sumatran and Ethiopian blend.  I also get a pre-roasted blend, “Artamus.”  It’s owner Linda’s favorite.  This stuff isn’t for sissy’s.  

    Funny – I’ve never had Dunkin’ Donuts coffee that I cared for one bit.  

    BTW NEVER get Burger King coffee.  Across the board, it’s vile.

    • #31
  2. ChefSly Inactive
    ChefSly
    @MrAmy

    Mendel (View Comment):
    Or they could start with the corners where there’s a Starbucks across the street from….another Starbucks.

    You expect someone to cross the street for coffee?

    • #32
  3. Kozak Member
    Kozak
    @Kozak

    My only use for Starbucks will be for a place to drink my Duncan Donuts coffee and er, make deposits. Free Wifi too!

     

    • #33
  4. Roderic Fabian Coolidge
    Roderic Fabian
    @rhfabian

    cdor (View Comment):
    Made from mostly over roasted beans

    Over roasting hides the flavor of sub-prime coffee beans.

    • #34
  5. Roderic Fabian Coolidge
    Roderic Fabian
    @rhfabian

    ChefSly (View Comment):

    Mendel (View Comment):
    Or they could start with the corners where there’s a Starbucks across the street from….another Starbucks.

    You expect someone to cross the street for coffee?

    Indeed.  Much was made of the location of 2 Starbucks across West Gray from each other in Houston.  But try making a left hand turn coming from either direction on that street during rush hour.  And it’s open season on pedestrians, so…

    And they’ve been there a long time, so I assume they’re doing OK.

     

    • #35
  6. Spin Inactive
    Spin
    @Spin

    Kozak (View Comment):

    My only use for Starbucks will be for a place to drink my Duncan Donuts coffee and er, make deposits. Free Wifi too!

     

    If by free you mean you pay Google with “your data” to use it.  

    • #36
  7. TBA Coolidge
    TBA
    @RobtGilsdorf

    PHCheese (View Comment):

    I never understood the business model. Stand in line and over pay for a cup of coffee.

    I think their product manages to combine a caffeine fix, a chocolate fix, the thrill (such that it is) of ordering a mixed drink to your specifications with what is essentially a milkshake. 

    They are selling milkshakes to adults. 

    • #37
  8. TBA Coolidge
    TBA
    @RobtGilsdorf

    [Mispost]

    • #38
  9. Randy Webster Inactive
    Randy Webster
    @RandyWebster

    When we were in the hospital complex in Houston, there was a Starbucks.  The regular coffee was OK, at a reasonable price, and the hours were better than the hospital’s.

    • #39
  10. ChefSly Inactive
    ChefSly
    @MrAmy

    • #40
Become a member to join the conversation. Or sign in if you're already a member.