Era Ending: Starbucks to close 600 stores

[RawAlex]

http://seattlepi.nwsource.com/busine..._closings.html

This is a stunning reversal for a company that basically kept growing and a market that seemed to have endless taste for $5 cups of coffee. While they aren't precise, it would appear that many of the closings would be poorly thought out shops often opened within a couple of blocks of another shop, and the vast majority are stores opened in the last couple of years.

Hopefully a few less coffee buyers will mean more people with space on the credit cards for porn.