Starbucks stores closing

[zstyles]

Starbucks stores closing
MAIN & WAYNE 1610 N MAIN ST ALTUS OK
HWY 66 & COUNTRY CLUB 1100 S LYNN RIGGS BLVD CLAREMORE OK
29TH & LINDA 4755 SE 29TH ST DEL CITY OK
DANFORTH & SANTA FE 2015 W DANFORTH RD EDMOND OK
15TH & SANTA FE 2141 W 15TH ST EDMOND OK
SHERIDAN & GORE 1204 NW SHERIDAN RD LAWTON OK
HWY 69 & COMANCHE 427 S GEORGE NIGH EXPY MCALESTER OK
SHAWNEE & 6TH 591 W SHAWNEE MUSKOGEE OK
122ND & PENNSYLVANIA 12124 N PENNSYLVANIA AVE OKLAHOMA CITY OK
MEMORIAL & MAY 3131 W MEMORIAL OKLAHOMA CITY OK
BROADWAY EXTENSION & BRITTON 125 W BRITTON RD OKLAHOMA CITY OK
WESTERN & 89TH 9201 S WERN AVE OKLAHOMA CITY OK
14TH & BRADLEY 2400 N 14TH ST PONCA CITY OK
HWY 62 & MEADOW CREEK 1702 S MUSKOGEE AVE TAHLEQUAH OK


81ST & MINGO 9524 E 81ST ST TULSA OK

[cannon_fodder]

The fact that they have a Starbucks in Altus seems a bit odd.  Hell, I might not have guessed that had that many in Oklahoma TO close.

/not a Starbucks fan.

[marc]

Only one closing in the Tulsa/BA area, but four in OKC and two in Edmond. Could be because the owner is angry over the NBA Sonics deal, lol.

[TheTed]

Oh no! Now there will only be a dozen Starbucks within a couple miles of 71st and Memorial!!!

[MichaelBates]

quote:Originally posted by cannon_fodder

The fact that they have a Starbucks in Altus seems a bit odd.  Hell, I might not have guessed that had that many in Oklahoma TO close.

/not a Starbucks fan.

Altus has an air force base where they train aerial refueling and cargo plane flight crews, so there's definitely a demand for caffeine.

[TUalum0982]

and they spent all that time/money/energy into building that new one at 81st and mingo.  That store is never busy when I drive by.

[Conan71]

Good riddance.  I'll take local any day over Starblows.

Does Starbucks get favorable lease deals to go into a shopping center as an "anchor"?  Anchor might overstate what I'm aiming at, but I mean a nationally-recognized chain that's not another crap fast-food place.  Takes a lot of coffee and scones to pay the rent and heat up all that coffee.  The fixtures in their stores are not cheap either.

I guess I'd never really heard of the concept of landlords paying an anchor till I was reading a story in WSJ on Monday about the failure of Steve & Barry's (large discounter w/celeb endorsements.  Venus Williams was decked out in their gear at Wimbledon).  I guess the way that worked was as S & B got bigger and more visible, mall owners would pay enough in build out costs that it would essentially negate the lease payments.  The reasoning was that as traditional department stores would close a store, they were impossible to replace, and the smaller shop's lease rates were tied to whether or not there was a major anchor.

Unfortunately, these payments were like crack to S & B, and they paid celebs a lot of money just to get photo ops and sell clothes with their endorsement.  Not well-run once they ran into large sums of cash.  I think they went from 31 units to 270 in about five years.  That should have been a red flag.

Tip of the iceberg.  Starbucks is over-built, and over-rated.

[MichaelBates]

quote:Originally posted by Conan71

Tip of the iceberg.  Starbucks is over-built, and over-rated.

Onion from 1998: New Starbucks Opens In Rest Room Of Existing Starbucks

[Conan71]

quote:Originally posted by MichaelBates

quote:Originally posted by Conan71

Tip of the iceberg.  Starbucks is over-built, and over-rated.

Onion from 1998: New Starbucks Opens In Rest Room Of Existing Starbucks

Love The Onion.  This was another funny one linked to at the bottom of the one you posted:

http://www.theonion.com/content/node/38942

[Curmudgeon]

Nothing beats the coffee in the break room here at work. Its free.

[OUGrad05]

I've never understood the hate for starbucks.  They're a great american company that pays decent wages, gives benefits to part time workers and offers a good career path to those willing to subject themselves to the throws of working retail.

[waterboy]

quote:Originally posted by OUGrad05

I've never understood the hate for starbucks.  They're a great american company that pays decent wages, gives benefits to part time workers and offers a good career path to those willing to subject themselves to the throws of working retail.

The answer is in your second sentence.[] Very few companies do that.

[daniellezm]

hooray! i agree, i'd much, much rather patronize a local business than drink that crap. i'm trained as a barista, don't even get me started--they don't serve real espresso. ick.

[Steve]

If every Starbucks store in the U.S. closed, it would not be a great loss, or a loss by any means.  You can make a cup of cofee to your liking at home for 1/12 the price they charge at these rip-off joints like Starbucks.

[Shavethewhales]

In lieu of all this, there's a Starbuck's opening up close to me in Bartlesville. I predict it will be packed for the first several months, if not longer. It's really amazing how corporate branding works...