When people aren't willing to dole out $4.50 for a "Verdi" cup of coffee, cappuccino, espresso, latte, or whatever, kind of coffee crap that's sold at Starbucks.
Starbucks, which had 125 stores when it went public in 1992, now has 15,000 stores in 44 countries. But the company has struggled to maintain its differentiation in the face of growing competition. Most recently, Starbuck’s has suffered the effects of the crisis in the housing market, which has put a pinch on sales, particularly in California and Florida. Mr. Schultz said that customers were simply not visiting Starbucks stores at the rate they once did.
Where are the latte lines?
You mean to tell me that the average Joe will now have to buy the average cup of joe. OHHH the humanity.
If you are the kind of person bitching about gas prices as you stand in line at a Starbucks waiting for a $9.00 frappuccino, you should be kicked in the balls.
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