Retailers, consumers and prices
Is your Starbucks saved from the hit list?
Starbucks Chief Financial Officer Troy Alstead earlier this week had some good news for its fans in places like Baton Rouge, Louisiana, Mobile, Alabama, and El Segundo, California.
Alstead said Starbucks removed 30 stores from its hit list of store closures, saying that each of the saved stores had improved profitability to a point where it made sense to keep them open.
Here’s the full list.
Alstead’s full comments are here.
(Reuters photo of Southern California store targeted for closure)