June 19, 2018

GET WOKE, GO BROKE: Starbucks also plans to close about 150 company-operated American stores over its next fiscal year. And note this:

The closing stores are often in “major metro areas where increases in wage and occupancy and other regulatory requirements” are making them unprofitable, Johnson said. “Now, in a lot of ways, it’s middle America and the South that presents an opportunity.”

Huh – all the best people told me that #fightfor15 would have no deleterious effect on the food and beverage industry.

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