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Starbucks Axes Sandwiches As Part of Fix

The company's stock is down about 50 percent since late 2006, when it was trading close to $40 a share.

Sharon Zackfia, an analyst with investment firm William Blair & Co., said the lackluster quarter came as no surprise. "I think an investor would have had to be living in a cave not to know that the December quarter was bad for the majority of retailers," she said.

As part of a broad push to revitalize its business, the company said it plans to open about 425 fewer domestic stores and 75 more overseas than previously planned, for a global total of 2,150 new stores. Starbucks has more than 15,700 worldwide.

Schultz said the slowdown in U.S. growth will allow the company to make better use of its time, money and staff and could reduce "cannibalization" -- easing pressure some stores experience when a new one opens nearby.


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Cllr Inglis was to put a card in the Plumpton shop. ITEMS FOR INCLUSION in future agenda. Could parishes group up to devolve some services through LDC. It will cost around £400 each to repair/replace the wooden parish fingerposts, ESCC will only provide 50 percent. If the missing fingers were returned this might reduce the cost. FALMERCHILLY EVENING: Two very different village events took place at the parish hall last week. The first was the presentation given by Brighton and Hove Albion to update villagers on the position regarding the stadium. As you can imagine there was a distinct chill in the air as Falmer residents listened to the football clubs plans and progress, the chill increased when we learned that a new plan had been put forward for a building to house city college students. The new building would be more intrusive than the previous planned office space and would be quite visible rather than being set into the bank.


Archdiocese calls magazine ad degrading

A spokesman for the magazine didn't respond to a message seeking comment last night. Equinox spokeswoman Joanna R. Roffo said in a written statement that "the ads capture the energy and artistry of the well-conditioned body in a thought-provoking fashion, blending fantasy and impact."

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Mr. Smith goes to Flowery Branch?

I did read that on yahoo sports this morn. and they said D-Coordinator so I'll blame them…

Anyway, the guy seems to put some good defenses on the field which is a start. We can all argue back and forth but the only the next 2 seasons will tell for sure.

As for Marcellous Wiley, he's been known to spout off at the mouth. I'd be curious to see what other former players of Smith's say.

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China developers eye US$2.6 bln in HK IPOs -sources

Of the latest planned listings, the biggest will probably be worth US$800 million to US$1 billion from Palm Springs Real Estate Holdings, two people with knowledge of the deal told Reuters.

The company, which has residential and commercial property projects in Beijing, Hong Kong, Shenzhen and Chongqing, has tapped UBS (UBSN.VX: Quote, Profile, Research) (UBS.N: Quote, Profile, Research) as one of the sponsors of its Hong Kong listing, the people said.

HKI Properties Ltd plans to raise US$400 million to US$500 million in a Hong Kong IPO, with BOC International, Macquarie MQG.AX and Cazenove sponsoring the deal, three people familiar with the deal said.

Neither Palm Springs nor HKI have filed listing applications to the Hong Kong Stock Exchange, but both targeted to list in the second half of this year, the sources said.



 

 

 

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