Tuesday, July 29, 2008

Starbucks is closing here in Oz..

Humm.. Starbucks will close... Well.. I never like their coffee anyway.. Last week when my Hubby and I went there for a coffee,, I think it was an awful taste, and Joe's iced coffee tasted like iced water with a tiny hint of coffee.. yukk..

Might as well drink in our local cafe,, good service and love you own community....

International coffee chain Starbucks will close 61 Australian stores within days, shedding 685 jobs as part of a strategy to slash underperforming outlets and boost profits.

Twenty-three stores will remain open in Melbourne, Brisbane and Sydney and surrounding areas after the closures this Sunday, an official statement from the company said.

Starbucks opened its first Australian store in Sydney's Hyde Park in July 2000.

It currently has 85 outlets nationally, including in Brisbane, Sydney, Canberra, the Gold Coast, Melbourne, South Australia and Tasmania.

The announcement follows the decision by Starbucks last month to close 600 company-operated stores in the US, costing up to 12,000 jobs.

The company blamed poor real estate decisions, coupled with the troubled economy, for the US closures.

The company said the 61 locations to be closed in Australia were underperforming.

Starbucks' international boss, Howard Schultz, ruled out closing other stores internationally.

Starbucks operates more than 15,000 coffee shops around the world.

"We are well into the implementation phase of transforming Starbucks and we believe that this difficult, yet necessary, decision to close stores in Australia will help support the continued growth of our international business," he said in a statement.

"While this decision represents business challenges unique to the Australian market, it in no way reflects the strong state of Starbucks business in countries outside of the United States," he said.

"There are no other international markets that need to be addressed in this manner.

"We appreciate the exceptional service our partners in Australia have consistently delivered.

"We are thankful and proud of the contributions our partners make every day and we are committed to treating all of our partners with respect and dignity."

A list of affected stores will be published by July 31, after all the employees are informed.

As part of the restructuring, Starbucks Australia store development manager Jason Ball will become managing director from September 1.
  from Yahoo 7


cathy July 30, 2008 at 1:28 AM  

nagpalpitate nga ako sa coffee nila, yun brewed...i prefer yun cold drinks nila...

RoseLLe July 30, 2008 at 4:28 PM  

wala namang problem sa akin ang coffee ng starbucks...pero di din naman ako madalas bumili sa kanila. gusto ko lang i-collect ang kanilang city mugs :)

Collect and Connect

Nita August 8, 2008 at 5:37 AM  

That's too bad. I'm sure malulungkot ang mga tao especially sa mga coffee lover don. I don't drink coffee but love ko yung cold drinks nila.

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