Friday, July 18, 2008

Starbucks Store Closings


Starbucks will close 600 stores, how will it affect you? I know Britney and Jamie Lynn Spears will be devastated.



You can check the map of locations for a store in your area.

Starbucks expects once those underperforming stores have shut down, a process the that will gradually happen until the first half of 2009, earnings will increase by $100 million a year.

I personally am not affected by their closings. Occasionally, I will get some java from them, but most of the time I save it for when I am home. We buy in bulk from Coffee Bean Direct and end up paying just under $4.50 for a pound of delicious Italian Roast. We haven't really seen how many espressos we can get out of a pound, but it would be safe to say we are saving a lot of money for the amount of coffee we drink. Our grocery bill may be a little high, but the difference is that we budget for the coffee and with good budget training you could too.

Photo Credit: caralynnsummers

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