Why so many starbucks closing?????

Question

i live next to 4 starbucks and the people who work there are telling be that they might close!!!!!! then i hear that over 69,000 starbuck's are closing?!? what!!!!!! i luv starbucks!!!! can someone tell why they are closing down soooo much!!!!!? me is really sad! :-(

Answer 1

people cant afford coffee any more

Answer 2

They went bankrupt

Answer 3

because the show Fraser is now in syndication---they probably gave the $4 cup of coffee more exposure than anything

there is a reason why ppl love all the flavored ones because regular coffee tastes awful---it makes the dark beers i like taste like candy

if you need the caffeine take 2 Excedrin extra strength or migraine(same ingredients btw)--you'll get one aspirin(an aspirin a day is good for health), one ibuprofen(good for reducing pressure) & 130mg caffeine(equivalent of 1 cup coffee) & i usually pay maybe $1 - $2 for 50 ct so thats 25 does so that costs 4-8 cents--a wee bit cheaper than coffee

i'm glad i dont drink coffee---green tea is the way to go--MUCH cheaper(maybe 4-5 cents/cup) & healthier

Answer 4

Well, because they don't have as much customers as before.... Our economy sucks =(

and people can't afford it.

we're in a d**n crisis thanks to bush =D

I love starbucks too =(

Answer 5

Because they use folgers or maxwell coffee and put it in there own brand name cups and cell it for 4$ just for a small, Where you can buy that Folgers or Maxwell in the Grocery store for 4$ in a CAN To MAKE AT HOME, LAST YOU 2 WEEKS depend how much you drink it. Star Bucks a Joke!

Answer 6

As soon as they started opening so many new stores, I told my husband they had started the spiral downward and they would probably be out of business soon.

This has happened to other companies.  They do some sort of bad consumer survey and go overboard.  They are closing because they opened stores where they were in competition with themselves, opened stores in areas where there wasn't enough money to buy expensive latte', and their coffee is so strong it melts your teeth.

Also, if you want a great iced coffee with hazelnut or vanilla, McDonald's is the place.  Dunkin Donuts is also expanding (returning to areas where they closed stores years ago) and their coffee is good, too.

There are coffee shops in major chain bookstores and in some libraries.  And, with food and gas prices going up, people have fewer dollars to spend on luxury coffee.

I hate to see any company do what they did.  See what happened with Krispy Kreme.

Part of the luxury market is that the item is a luxury and you are willing to go out of the way to get the item.  If you can afford the time and gas, you can afford the luxury.  Also, being harder to find makes your brand more exclusive.

Answer 7

Hard Times in the U.S.A.

Answer 8

I heard on the news that coffee is running low and Starbucks are losing in their business shares. ( couple months ago ) I truly feel your pain my mother is coffee alcoholic. Try to lessen your coffee urge by plunging into another activity. ( by drink tea, reading, and anything that you may enjoy. Good Luck!!

Answer 9

because they do not have enough costumers

Answer 10

now places like Mcdonald's, Burger King, and i think even Dunkin Doughnuts offer specialty coffees now. ( example : Mcdonalds now has an iced coffee. With the way the economy is some people don't want to spend a lot of money on coffee so they go for the cheaper alternative :) hope i helped

i love starbucks too . it is sad

Answer 11

BLAME MCDONALD'S.

McD's started selling a variety of iced/reg coffees within the last few months and coincidentally their prices are a lot better than Starbucks.

Answer 12

because Dunkin Donuts is better!

Answer 13

Because our economy rocks! :)

Answer 14

Uhm...its 600 starbucks....There are not 69thousand Starbucks ....And they are closing because of over expansion and a crappy economy.

Answer 15

prices are to high

not enough customers

and

people drink them to much

and they get fat

its so confusing

I have the same thoughts as you