Era Ending: Starbucks to close 600 stores

[Toby]

Originally Posted by bluemoney

I think companies that stay lean in the good times as well as the bad don’t find themselves in a pickle down the road.

I was thinking the same as I read that headline yesterday.

It may not have been a smart move opening all those stores given the economic vibe over the last couple of years, but how many companies have you seen that refused to admit their error, keep trudging on hemorraging cash flow, to end up going completely down the tubes?