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The Wall Street Journals surmised that Lord Mandelson "will now be hoping" that Starbucks' improved fortunes will be mirrored in the U.K. economy, which is in its longest contraction since 1955. The Journal added, "And to be sure, amid the turnaround on the U.K., Schultz's true love is China" where Schultz said yesterday that the company will someday have its largest international market with potentially thousands of stores. Full Article at The Seattle Times
And to be sure, amid the turnaround on the U.K., Schultz's true love is China
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Starbucks begins store redesigns in U.K., prompting Wall Street Journal to recall Schultz's offense to Lord Mandelson
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The U.K. is not spiralling, although I have noticed that Starbucks is in a great deal of trouble. But that may be because of their overexposure given the state of the market. So please do not project Starbucks on to the U.K. economy as a whole
SOURCE: The Seattle Times -
The concern for us is western Europe and specifically the U.K. The U.K. is in a spiral..'
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We are not trying to disguise that it's Starbucks
SOURCE: The Seattle Times -
It still says Starbucks on the door, but we needed something different. There are a lot of copycat chains around and we thought people would feel better disposed to us if they felt the store was part of their community and knew the people there.
SOURCE: The Seattle Times
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