Starbucks Retreats from Australia
Succumbing to "powerful financial and cultural pressures," Starbucks has closed 61 of 86 stores Australia.
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6 Comments:
I don't mean to be a git, but this news is more than a week old: http://news.bbc.co.uk/2/hi/business/7530570.stm
jeninewsbite at 11:06AM on 08/06/08
@jeninewsbite: Australian news travels slow!
Raphael at 11:18AM on 08/06/08
I am wondering what might happen with the Canadian stores - has anyone heard? Our Starbucks JUST opened not three weeks ago!
Maureen at 11:20AM on 08/06/08
Raphael - I heard that when Aussie baristas steam their milk, it spins counter-clockwise. :-)
Maureen - I haven't heard any news of Cdn closures ... and I'm hoping my new nabe gets a Sbux soon (it's a long shot).
jeninewsbite at 11:56AM on 08/06/08
I always wondered how Starbucks survived in Oz given that every hole-in-the-wall cafe and petrol station has a full-sized commercial Italian espresso machine, and the teenagers working there could make a better drink than most coffee places (corporate or not) in the States.
rheogs at 11:57AM on 08/06/08
If I were an Aussie, I'd be rejoicing. :)
ronzoni at 1:20PM on 08/06/08