Giant mug of troublechino

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Giant mug of troublechino

Postby will_deness » Wed Feb 27, 2008 11:27 am

http://money.cnn.com/2008/02/25/news/co ... starbucks/ Starbucks must be in trouble to do that so openly in a busy part of the day. I realise it will be all part of the "spin" on the next marketing campaign. But it certainly give the competition a chance to knock them around. We are starting to see a few of the rapid expansion companies start to falter which is a bit of a worry.
P.s the disconnect between camping and a international coffee chain isn't lost on me :)
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Postby amanda » Wed Feb 27, 2008 11:50 am

We are starting to see a few of the rapid expansion companies start to falter which is a bit of a worry.

The current situation with ABC Child Care Centres is a good example of this. I think it dropped something astronomical like $750 million on Monday or Tuesday.
It's all fun and games until someone gets hurt - then it's bloody hilarious!
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Postby will_deness » Wed Feb 27, 2008 11:56 am

Their shares dropped by 70%, with very strong rumours some directors had margin loans on their shares.
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Postby Blue Bravo » Wed Feb 27, 2008 11:58 am

Listened to an interview re Starbucks and independent coffe shops in America. It seems that when Starbucks moves into a shopping mall the takings of the independents rise. Seems Starbucks create the demand but because there is a choice people will try the independent especially if Starbucks is busy or in this case closed
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