Friday, July 18, 2008

Giants With Clay Feet

Starbucks is closing 600 stores due to slow sales.

That's right, another untouchable, unstoppable corporation that so many thought was bound to overrun the world with its stores has been found to be subject to market forces after all. A ever lengthening list they get to join

Ford
GM
Microsoft
K-Mart
Wal-Mart
McDonalds
Starbucks

Nothing personal against Starbucks. Love their product, I even have a personalized card that says "I heart Capitalism." My favorite Starbucks location I have never visited is the one in the Forbidden City of China. Which firm will serve as the next supposed Goliath for the Chicken Littles to cry for fear of the coming corporate enslavement? My guess is Google.

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