Starbucks has announced it's closing 600 underperforming stores in the United States.
Tell me how you can have an unprofitable store, when you sell an addictive, highly-fashionable product for 10 times what it costs you to make (obscene profits anyone)? You can run it like a liberal, over-compensating employees for a job any old chump (or chimp) could do. You could alienate your customers by advocating and sponsoring wacky fringe causes.
Or you could foray into the world of socialized medicine. You could spend more on health care for part-time employees than you do for the costs of the product you sell.
Schultz said Starbucks expects to spend about $200 million this year for health care for its 80,000 U.S. employees — more than the total amount it spends on green coffee from Africa, Indonesia and other countries.
Starbucks has about 100,000 employees worldwide, Schultz said, including about 65 percent who work part-time. Increasingly, the company is hiring older workers, who are attracted in large part by the company's generous benefits, he said.
That information was from 2005. Assuming Starbucks continued to attract more people because of their "generous benefits," I'm sure it's a little bit more today. Another example of a liberal ignoring a huge problem in the future. Social Security, anyone?
Contrast this with a company much-despised by liberals, like oh, say, Walmart. Walmart actually provides value to its customers, reducing their costs for daily necessities and goes on booming despite the attempts of liberal activists to thwart everything the company stands for. Yes, elite liberals prefer a company that fleeces its customers to one that saves the poor and middle class hundreds or even thousands of dollars every year.
Apparently Starbucks has not learned its lesson.
The company says it will try to place workers from closed stores in remaining Starbucks.
So Starbucks plans to infiltrate its profitable stores with employees who have already failed. It plans to take hours away from employees at the profitable stores and share some of them with said failed employees. Socialism in the workplace, share the scarcity. Let's see how that works out.