If Starbucks went bankrupt, would you care?

[bonkers325]

yes, because that means that 4 storefronts on my block would become something else.

 

[TuxDave]

Originally posted by: senseamp
Of course I would care. They have good coffee under $2 for a large cup. Do I care that I can get one for $1.50 somewhere else? No, because I drop the change into tip jar anyways. Plus I can get a scone or a muffin in the morning before I go for a ride and meet up with my buddies in a nice environment. And they have a kiosk at work here.
Dunkin Donuts on the other hand, can go bankrupt today I wouldn't care one bit.

:|

 

[TridenT]

No.

Also I would like Dunkin' Donuts to run out of business.

 

[TheNinja]

I don't care. SB took out a lot of smaller coffee shops and brought about a culture of people who wait in line for 5 minutes to get a $4 speciality coffee drink and a $3 chuck of coffee cake. Those people just annoy me. I'm not a coffee guy though.

 

[SSSnail]

Hmm... but where will the children take their MAC books now? Would someone think of the children?

 

[Capt Caveman]

Originally posted by: TridenTBoy3555
No.

Also I would like Dunkin' Donuts to run out of business.

Bitter b/c they wouldn't hire you either?

 

[ultimatebob]

Yes, since my girlfriend is an addict.

 

[SparkyJJO]

Not really, too expensive. I would feel bad for all those people losing their jobs though.

 

[BoomerD]

Not one bit. I won a gift card 2 years ago...and never used it. I don't remember the last time I bought anything from Upchucks...I mean 4-bux.

 

[vi edit]

Originally posted by: NaOH
Loving all the comments about being able to make better brew at home

Eh. I'll take my little french press and a fresh ground sumatra over the excessively bitter and overroasted taste of Starbucks drip.

I don't do latte/fraps/caps/ect so I don't try to compare those.

It tastes better to me, and is about 1/10 the cost per cup.

 

[Descartes]

Originally posted by: TheNinja
I don't care. SB took out a lot of smaller coffee shops and brought about a culture of people who wait in line for 5 minutes to get a $4 speciality coffee drink and a $3 chuck of coffee cake. Those people just annoy me. I'm not a coffee guy though.

Actually, Starbucks greatly enhanced the specialty coffee market. The entire market was more of an underground gathering before Starbucks. A great number of people were further intrigued, especially since Starbucks started and remained true to the coffee culture for years before moving to what they are now.

So, any negative effects to Starbucks will likely equally impact the smaller shops.

 

[foghorn67]

Yes, I would care. Don't care for the coffee, but they employ a lot of people.

 

[imported_Lothar]

Originally posted by: blackangst1
Yes. I own their stock Its done quite well in the 5 years Ive had it.

Have you checked your investment the past 5 years?

SBUX: -46.21%
S&P 500: -23.42%

MCD: +134.46%

 

[Mikey]

Starbucks doesn't even carry that great of coffee! I don't really eat at McDonalds, but I do love their coffee in the mornings.

 

[SmoochyTX]

Originally posted by: FelixDeKat
Just today they announced another huge drop in earnings and plan even more store closings.

NEW YORK (AP) -- Starbucks Corp. announced a new round of store closures and layoffs as it reported Wednesday that its profit dropped 69 percent in its fiscal first quarter with sales continuing to slide.

The company plans to close 300 underperforming stores around the world by the end of the fiscal year in addition to the 600 it already planned to close in the U.S. The company has already closed 384 of those stores.

If people dont spring for those $5 lattes anymore will Starbucks finally go tits up? :shocked:

No, I would not care if Starbucks went bankrupt.

 

[Leros]

I said no originally but I don't want Starbuck's customers invading my local coffee shops. So yes, I do care.

 

[meltdown75]

every once in a while i like to buy my wife a coffee from there. so BACK OFF

 

[SmoochyTX]

Originally posted by: Leros
I said no originally but I don't want Starbuck's customers invading my local coffee shops. So yes, I do care.

Why? Because the local coffee shop and the owners you appreciate so much might make more money? Or because you might have to wait another couple of minutes in line?

:roll:

 

[Red Squirrel]

Tim Horton's is where it's at and you can get an extra large coffee for under 2 bucks!

 

[SmoochyTX]

Wrong thread.

 

[caivoma]

Nope.

 

[meltdown75]

Originally posted by: RedSquirrel
Tim Horton's is where it's at and you can get an extra large coffee for under 2 bucks!

All roads lead to Tim Horton's

i seriously want to get one of those license plate covers 0_0

 

[thomsbrain]

A lot of people would lose their job. A LOT OF PEOPLE. So yeah, it would be a really bad thing for them to go bankrupt. But as for their products, I wouldn't miss them.

 

[SmoochyTX]

Originally posted by: thomsbrain
A lot of people would lose their job. A LOT OF PEOPLE. So yeah, it would be a really bad thing for them to go bankrupt. But as for their products, I wouldn't miss them.

I guess it's a good thing McDonalds is doing good and hiring.

 

[lokiju]

Not in the sense that I'd personally miss them but I think it wouldn't be a good thing since that means a LOT of people across the globe would be out of jobs, which just compounds the current economy issues.