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A Changing Market - Coffee vs. Housing

So you think the housing industry has slowed down a bit, Howard Schults, CEO of Starbucks, announced that sales are slipping and he's going to close ALL 7,100 nationwide stores on February 26 for a three hour period to re-train the baristas on making perfect shots!

He's eliminating hot sandwiches and further expansion. Also T-Mobile is out and AT&T is in for a mix of paid and free wireless internet service.

So Seattleites, start drinking that java up - we don't want our beloved Starbucks to go under now do we? How could we operate day to day without our daily shot of espresso - and where oh where would we meet clients if Starbucks closed?

This is a fine mess you got us in, Mr. Schultz. You better turn this operation around for all our sakes.

Posted Tuesday Feb 12