Shop Talk

Retailers, consumers and prices

Is your Starbucks saved from the hit list?

September 11, 2009

coronastarbucks3Starbucks Chief Financial Officer Troy Alstead earlier this week had some good news for its fansĀ 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)

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