It's Getting Worse
Filed under: Australiastic
Starbucks continues on a downward spiral.
The coffee chain has announced plans to to close 61 of their 84 stores in Australia.
The closures will go into effect by Sunday!
Strabuck's stock price should be plummeting right about now.
[Image via WENN.]
Posted: July 30, 2008 at 11:45 am




first
I love how your hate for Miley somehow makes it's way into other news.
It's awesome.
FIRST
This economy is scaroood
OK. So why is Slutty Cyrus' pic there??
zzzzzzzzzzzzzzzzzzzzzzzz
I guarantee..that I
could zell their coffee…..
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
why the pic of miley? i dont get it.
Now that's karma at work.
We broke!
it is the fault of Starbucks-they expanded so fast and people at first loved going there-but when you are having $ problems, that $7 latte gotta go. Everyone just say $$$$ in front of them and I am sure there are some that got rich. Their marketing/financial people should have known it would not last 4ever-just like all those video stores in the mid80's nail places in the 80's and again in 2000, tanning places in the 90's and now that gelato ice cream-they are popping up all over-
good. starbucks was an embarrasment anyway. $5 coffee?? ridiculous. anyone who thought it was more than a fad deserves to lose their money…
first
First
Yikes
IT'S THEIR OWN STUPID FAULT!!! THEY GREW TOO FAST, IT ALWAYS HAPPENS THIS WAY, DUHHHHH
FIRST! =)
They don't even care, ahaha.
MILEY CYRUS IS AN IDIODIC SKANK WHORE! HER TEETH MAKE ME WANT TO PUKE! THE ONLY THING I LIKE ABOUT HER IS HER MUSIC, AND THAT IS IT! EVERYTHING ELSE ABOUT HER IS SLUTTY AND SHITTY!!!!
Maybe now they will stop charging obscene amounts of money for mediocre coffee.
STOP with the Miley stuff. You are now looking like a middle school boy. Stop. Can we chat about people who are at least old enough to drive. You child!!! Stop talking about Disney stuff. We don't care. We are all older than 16, douche!
Dum Dum Dum………..
Well it is only natural, I mean it is a Starbuck on EVERY corner of the US basically.
Perez,
STOP
HATING
ON
MILEY
CYRUS
Selena Gomez is not and never will be the new miley cyrus, miley hasnt even near reached the peak of her fame yet, soon she will be the number one star in the world and she deserves it. selena gomez can kiss your fat tub of lard ass
The media is just brining miley up now to tear her down in a few years, lets hope when that happens she bounces back gracefully and doesnt turn into the next britney spears
and down comes the empire~
poor people that are loosing their jobs
That's crazy!!
But with the shit economy, in today's world, no wonder people don't want to spend $4.00 for a cup of regular joe.
Sheesh!
first……
waaaaaaaa
wut does miley have to do with this???
Starbucks will survive but what about all those employees?
There stock went down …when they lost me … good for the green monster!!!
Re: DaBitchIzIndakrazihouze – Where are you typing from? Your comments always say zzzzzzzzzzzzzzzzzzzz, is that just your computer?
In other words, there will be a Starbucks on every OTHER corner instead of EVERY corner.
OMG NOOOO!!
By the way who is the girl with an x on her face?
learn about the stock market before you comment on it. Because they are losing money, they have to stop the bleeding by closing stores and laying people off. Because they are doing something to stop the losses, the stock will only go up as investors see that they are doing something for the best of the business.
Well I guess the Mormon's are God's chosen. They got their wish.
OUR POOR NATION…WHAT HAS IT CAME TO!
lets blame miley
aha
Miley is pretty…
Wow they are closing
stores so the stocks r down?
Perez you are soooooooo
intelligent.
Perez=not dumb…NOT!
I don't know about Australia, but if it's anything like the USA, there's too many Starbucks around and they're too expensive anyways!
What has Miley done besides be successful? I mean she doesn't fall into my demographic but she obviously has something going. Are you just jealous of other peoples success? You need to be gangraped by a groups of apes. And then get the AIDS. Douche.
Re: scott – scott where the hell do u live dude thats the one and only miley cyrus. most famous teen around
another reason perez should not be allowed to post opinions, this will only make their stock stronger as they are trimming the fat a little (which perez should do as well). learn something before you post it bitch.
And all you idiots who post "first" need to get a life.
If only someone would close Miley's mouth!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!11
OH NOOOOOO!
Oh well. There everywhere in London, So I'm cool.
Why Slutty Cyrus.
their coffee is bloody awful. so many better coffee spots in Oz. We don't need starbucks!
Maybe they should lower the price of their stupid coffee!
I've never understood the attraction to Starbucks and their over-priced coffee. Sounds like they got greedy, and now they have to deal with it.
Re: fist – Re: fist – Re: fist – Re: fist – I don't get the first thing. Are you in a hospital bed somewhere and can't move so you sit and wait to be first "fist"? You are trying to hard. Are you this energetic anywhere else in life. I see first =pathetic… sorry.
Lower the coffee's damn price. We're not all fucking rich.
And Perez, what the hell does Miley Cyrus have to do with this? Pathetic douche. 30 years old and bashing on someone half your age. Good job, you just lost another viewer. Jackass.
Re: Will – u need to open your mouth so i can plop a sloppy oily sour tasting poopoo in your mouth
It's Brittney's fault, Bitch
ewww i have that shirt!!!!she not allowed to wear it!!!!
starbucks is wayyyyyyyyy to expensive.
The reason Starbucks is not so popular anymore is because there is a new kid in town. It is called Scooter's Coffee…best coffee in the world! A million times better than plain old Starbucks.
Re: scott – WTF DO U CARE……U COMMENT ON CELEBRITY GOSSIP SITES………DOESNT YOUR MOTHER WANT YOU TO SHAVE HER BACK NOW………THEN SHOVE THAT BASEBALL BAT UP HER SLIMY CUNT SO SHE CAN BUST A NUT 2DAY???
Re: quin – whats your issue?
Duh, this will make their stock go up - they are doing the smart thing.
actually their stock price is going up thanks to their pro-active response to the economy's downturn.
Seriously, this Miley bashing is getting old. Extremely childish.
This is the same thing you did to Britney. We'll never see you bash a male Disney star, I bet.
Re: Laura – a million times???, you arent exagerating are you???
If Starbucks hadn't gotten so arrogant in success, and had kept up its original great customer service and experience, they might not be in this boat. The founder is arrogant and doesn't care about customers. There's lots of places to get good coffee - Starbucks was successful cuz you could always get a nice experience.
Quit hating. I want to fucking bitch slap half of you people. It is simple…DON'T FUCKING COME TO THIS WEBSITE IF YOU CAN'T STAND PEREZ SO MUCH!!! The haters are only helping him, you dumb fools. What has he ever done to you? Fuck off and get a life people!
Perez, here's the deal. They're replacing most of the Starbucks with "Seattle's Best"s. Same parent company but without the stigma attached to the Starbucks name. It's their way of getting more customers.
Why is there a picture of Miley there. Why do u hate her so much. Leave her alone for god sake. She's 15 and has accomplished a hell of a lot. Give her a break and STOP CALLING HER A SLUT. It's not right. You have no right to call her a slut. Grow up. x
Re: vic – No I am definitely NOT exaggerating.
Looks like someone is deleting comments they don't agree with!
Re: Sarah – "a regular joe," as you say, is really a buck and some change, depending on what part of the country you're in. you might pay $4 for a large latte, but a lot more goes into that than brewed coffee– including labor, milk, time, and the best espresso in the world. dont hate on starbucks unless you have the facts. thank u.
why the pic of miley?? u claim to hate her but put her here….wtf.. seriously perez u r such a hypocrite
I suppose your jealous because Miley can actually afford to buy some starbucks unlike you. I mean really how much money does VH1 specials pay?
Re: ? –
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
what r u new or zomething::….
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
r u juzt an idiot or a complete dipzhit?
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz
I'm obzezzed with zzzzzzzzzzzzzzzzz'zzzzzzzzzzzzzzzzzzzz
zzzzzzzzzzzzzzzzzzzzzzzz
and zome people
zzzzzzzzzzzzzzz
zeem 2/think
zzzzzzzzzzzzzzzzzzz
that I'm retarded…but
zzzzzzzzzzzzzzzzzzzzzzzzzzz
whatever….I don't like NORMAL….BORING…..
ZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZZ
why you put a picture of mileyy??
whyy you hatee mileyy??
poor mileyy!!!!!!!!!!!
i love mileyyyy
pleaasee stop hating mileyyy
there is a reason for everything, and a simple reason for this.
in the beginning starbucks was supposed to be about tradition and quality.
but then, they started caring more about money so their CEO quit. A new CEO was brought in who built all these starbucks, and did not really train people. The company got completely out of control, and now the old CEO has come back. He is shutting down stores in hopes of bringing old traditions back, but I am sure that the money part helps also.
what did you expect to eventually happen when you rip off the consumer. $4 for a coffee? come on now. this has been coming for a long time. eventually the consumer wises up
and for some reason they are opening starbucks on every corner in ontario.
Any opportunity to spit in Miley's face, eh, fatty?
Its getting to be laughable!
What did she do to you??? I think it must be something big, or your just soooooooooo over the top jealous of her success that you can't bear it! Either way, you are providing us all with a window to your soul…oh, and one of your commenters mentioned that it should only be fair that every time you call some under aged girl a 'slut', she should be allowed to call you a 'fag'! Jealous Junior High school girl that he is…a 30 year old man…whose mother is still his maid…who is trying to insert himself into the celebrity o sphere…with no discernable talent….come on… You really are a prick, you know…
This is sad. I love Starbucks.
have any of you noticed that star bucks is BEHIND miley in the picture… Look more into the picture retards. also if all of you hate perez so much then why do you come to his website
This is part of Starbucks new strategy, they are closing stores that are in close proximities with other stores. The stock price might fall now but it will even out and then rise again soon. It's just the way.
Re: Yeah – the she-man we love to hate! don't take this simple pleasure away, moron!
Stocks for this company rose yesterday afternoon. Did you go to college? Is that where you learned how to use Microsoft Paint so well? Your talent is unprecedented.
I just want all of you to know that I LOVE YOU!
lol they are getting one in Lloydminster, ab, canada
home of the hopefully new canadian idol earl stevenson ;]
STOP BEING SO MEAN TO MILEY!!!!!!! SHE DOESN'T EVEN HAVE ANYTHING TO DO WITH THIS POST!!!!!!!! STOP BEING AN IDIOT!!! I LOVE YOUR SITE, BUT THE MORE YOU TALK SO HORRIBLY ABOUT MILEY, THE LESS I WANT TO COME BACK! IT'S ONE THING TO BASH ON SOMEONE FOR BEING STUPID OR WHATEVER, BUT IT'S A COMPLETELY DIFFERENT THING TO PICK ON AND SAY SUCH NASTY AND HATEFUL THINGS ABOUT A 15 YEAR OLD CHILD!!! GET OVER YOURSELF!!! LEAVE THE POOR CHILD ALONE, SHE HAS FEELINGS!
Re: b – cuz its so much fun to hate that slimy fat cuban fuck
i think hollywood is pushing her to much to grow up and i dont think that she should quit :HANNAH MONTANA !!!!!!!!!!!!!! the pics were hacked into her iphone!!!!!!!!!!!! but it wasnt her fault !!!!!!!!!!!MILEY DONT QUIT HANNAH MONTANA!!!!!!!!!!!!
What the fuck do they expect when they charge $4 for specialty coffee???
Re: Pshhh – even after i shit in your mouth??????? u r a sick fucker
Re: todd – Umm…probably not if you did that. Sorry! I have to draw the line somewhere.
I don't think Perez should talk about stock prices. Clearly not his area of expertise. For those of us that have followed SBUX shares, after the double top in 2006, the shares have been falling. Since announcing store closings and layoffs, the shares have been slightly higher, meaning the store closings were already priced into the shares before they were announced. Again, Perez should refrain from talking about stocks.
Perez….. You see how 85% of the people on here talking about Miley Cyrus actually like her. You should probably stop making fun of her and calling her stupid names before your site traffic goes the way of the stock market after 9/11.
WTF? While they are closing all these stores, they keep opening new starbucks where I live, We just got 3 of em.
Where did my comment go? Seriously Perez, leave Miley alone. People are getting really tired of what you are saying about her.
STARBUCKS SHOULD TRY CHARGING LESS.
.
I'M SURE THEY WOULD STILL MAKE MONEY. BUT PEOPLE ABSOLUTELY AREN'T UP FOR A $5 CUP OF COFFEE THESE DAYS.
Clearly 98% of you are idiots. This is a genius marketing strategy by Starbucks. Although it is true that they have too many locations, this organization will profit more by reducing the amount of stores available. Starbucks' stocks are going to go up NOT down. People please get a clue. Clearly you have no idea how the business world works and you have no idea how genius the man in charge of these closures truly is.
i had sex with her when i was 18. i am 28 now
Your an idiot perez grow up you know you will be saying sorry when you get sued by Miley. On your knees begging for forgivenes oh yeah you like being on your knees bitch.