Quote:
Originally Posted by palace1
There's a Starbucks at the Clappison's Corners business park?
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Dunno. Google might be screwy. The company's site shows
two franchises in Stoney Creek, two in Ancaster, three in Hamilton (including one in Mohawk's Learning Exchange) and one in Waterdown. There seem to be eight Starbucks locations in Burlington.
The company has shown itself to be very sensitive/responsive to store performance and keenly aware of opportunity cost. Starbucks closed 900 US stores between
January 2008 and
January 2009, along with
61 in Australia, and had legal wrangling over claims “
alleging that the Seattle coffee giant owes them money for rent or other expenses on properties where the company has shut down a store or decided not to open one after entering a lease” – suggesting that if the chain gets nervous, they’ll pull the plug before they even open.
Starbucks was obviously still opening stores during the 2008-2009 period (Locke South being one of them), but not as many as they had hoped to.
In November, they announced plans to open 500 stores by October 2011, 400 of those outside the US, with China a major emerging market; Starbucks outlets apparently make up 59 percent of the specialist coffee shops in China, a country whose middle-income and affluent consumers – Starbucks' dream demographic – are expected to almost triple in number by 2020.