Australia, formerly the world’s largest penal colony, will loss three-quarters of its Starbucks (SBUX) stores this week. That totals 61 locations.
Starbucks will only keep its stores in Brisbane, Melbourne and Sydney open. Right where most of the competition is.
The UK or Germany may be next.
Panic has set in at SBUX headquarters with nothing to arrest it.
Douglas A. McIntyre
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