Rational thoughts? The CEOs job is to make logical rational businss decisions. He did.
Starbucks in Ridgeland East closing..
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Man those people are entitled to their overpaid jobs.
The CEO should forfeit his salary to pay them more.
Thjs is how dumb people are. The CEO could give up his entire salary and split it among half of the Starbucks employees and they’d all get $500 more a year. 17 double digit morons.
Yeah that’s literally how businesses work. Thats literally how they get better.
and provide a link where it was making money and how much it was making. YOU CANT.
I don’t drink coffee much anymore but paying $6 for a cup never made much sense to me when I could pay $6 for 3 to 4 months worth of coffee.
Your point stands, but looks like a large (or whatever they call it) near me is 2.95. Which is sky high but I'd bet most any other coffee place that's not mcdonalds will be priced similarly.
I agree with others, their coffee is over-roasted. However I enjoy their espresso; to me it's much better than PJs and other chain coffeeshops.
Starbucks beans are over roasted. When they first started proliferating across the nation in the 90s, their stores were full of educational materials explaining, among other things, that their over roasted beans were the way coffee was meant to be prepared. I believed them for a while, then I studied up and started roasting my own beans at home.
I agree their espresso is pretty good, although less good since they switched to the automated machines.
The best thing Starbucks has done is condition people to over paying for coffee. That has enabled local shops to charge enough to stay viable
You are being short sighted. Making decisions based on what's best for the bottom line is what has allowed Starbucks to grow into a $100B company that employs over 350k people and has generated a great deal of wealth for its shareholders.
The reason I said is that building was just renovated. Like a year ago.
onlinemadison.com
County Line Starbucks beginning new remodel
RIDGELAND — After less than two years of being open for business, the Starbucks on County Line Road will receive a facelift, city officials said.
onlinemadison.com
Are they? I feel like when I was in my teens/early 20’s (late 90’s/early 2000’s) one side sold and one side didn’t…
Well, maybe one side just sold it later at night than the other.
I read this coming from you fully expecting that the first sentence or two were a joke. Then the last sentence made me think, maybe you weren't joking. If it was a joke - no need to read any further. If not, this may be one of the dumbest things I've ever read on here. No offense.
First, what makes you think the CEO of Starbucks (of all companies) is a hardcore right winger? That seems... incongruent and unsubsantiated, at best.
Second, we can argue about the line where 'hardcore' starts, but "right wingers" in general more than likely believe in Judeo-Christian values, including the value of every life. They don't love to see people suffer. That's 17'ing asinine. You sound like one of the crazies on Tik Tok when you say something so over the top like that.
They do prefer that people work for a paycheck rather than sit on their asses all day expecting handouts. They do understand that if a particular store is not making money, the smart thing unfortunately might be to shut it down instead of continuing to throw good money after bad. Do you see anyone pointing and laughing that people are losing jobs? No, they would prefer that those people kept working and contributing to society. Would you expect the head of a corporation to just say "no, keep that one store on county line road in Ridgeland open - let's just keep losing money, who cares?"
I don't know what the hell else there is to discuss on this topic, but Jesus that was one out of the blue wild, erroneous, and inflamatory statement.
Wow, this is also a really really super bad take. Sheesh.
This guy was hired to be CEO to run a large corporation. No matter his salary or how many planes he has (talking about that just smacks of petty jealousy), he is PAID to do a JOB. Part of that job is to make sure his employer, the corporation, makes a profit.
If you didn't do your job every day, you would get fired. So will he. So, he tries to make decisions every day that are good for the company so that he doesn't get fired. How does that make him a horrible greedy bad guy? You would be doing the same thing, as would I.
If you can look at a list of stores (which he can) and sort them by profit - it's very easy to look at the ones at the bottom losing money and either fix the issue (if possible) or close the store. Keeping that store on County Line Road open may cost them several thousand dollars a day in a mortgage, utilities, ad valorem taxes, inventory stock and - most of all - salaries. They have to have the lights and grinders on. Have to have people in there working, whether customers show up or not. So it can easily lose a lot of money if it's in a bad location - which this one clearly was. They should never have put it there, but they did, so now they are dealing with how best to stop the bleeding.
The way out for the corporation is to close the store and sell the land and building to someone else who might fit the local customer base better.
This is simple math and easy to see. I don't know how anyone with intelligence thinks one mean, greedy Scrooge is sitting in California counting his gold coins and figuring ways to screw the people of Ridgeland.
That does seem wasteful. But the new ceo just started last year. Maybe projects like that renovation are part of the reason the old CEO got tossed. Along with floundering sales, of course.The reason I said is that building was just renovated. Like a year ago.
County Line Starbucks beginning new remodel
RIDGELAND — After less than two years of being open for business, the Starbucks on County Line Road will receive a facelift, city officials said.
I don't know how they decide which stores to close, but I guess recent renovations are not a criterion. That's money already spent, and they are focusing on future expenses.
You spend your money how you want, I'll spend mine. I'm not donating it to overpriced coffee poured by whiny cupcakes that are whining about the color shirts they are told to wear and threatening to strike over it. If they value their jobs as much as you think, they'd wear the shirts their employer tells them to. This store on County Line Rd in Jackson has NO impact on me. Who in this amazing organization would think high dollar coffee on County Line Rd would be a good investment. Look at the other businesses that have left that area, Sams Club, Best Buy, Academy Sports, Kroger, Toys R Us, Northpark Movie Theater, Applebee's, and too many restaurants to name.
A corporation stupid enough to not allow first responders, military to drink coffee in their store deserves what they get.
Did you notice this from another poster in this same thread,
"The Baristas are low wage employees, but their starting pay is $15/hr, which isn't bad for a part time job. Plus they get vacation time, sick leave, profit sharing, annual raises, and a health plan.
The Baristas are technically not losing their jobs, either...they can go work at another corporate owned store, although hours might be a little tight if the staff is too big. Of course, the stores close to the one closing will need extra staff because they're about to get an increase in customers.
Even the store manager and assistant manager can continue to work and become managers at a new store when a spot opens up.
Even a slow Starbucks store can have sales over $25,000 per week. And their profit margin is unbelievably high. The cost of the ingredients for a single drink is a fraction of a cent, and that includes shipping. Milk is probably their most expensive ingredient.
But, where Starbucks really makes their money is their app. You put money in you account, and that money goes straight to Starbucks and will never be returned to you. In exchange, you get to drop in and order a drink, which, as I just explained, is practically free for Starbucks to give you. After giving you a certain number of these free drinks, you earn another free drink, which you consider "free" because they don't reduce the credit you have in your account for that one.
Starbucks has more money than most international banks. But the quarterly profits are down, so they will close a few stores."
I believe based on these comments and many others in this thread, you are the one that struck out.............
The color part is stupid and a distraction from
the actual issue. Being supplied safety equipment that is mandatory to perform the job is simple. I get that it's likely Starbucks avoiding liability of a lawsuit and you should have to wear certain safety compliant items.
But the business should reimburse you for that. At $15/hr, you're looking at take home (post tax) at roughly $100 every 8 hours.
Now, Starbucks aint a factory, but they're the ones with the safety requirement like a factory and OSHA. Imagine telling someone working at Ingalls they have to buy their own hard hat, safety goggles, etc or they're fired. And that the company won't reimburse them for this. Insane.
Back in the day you couldnt buy beer after Midnight in Madison County so you had to cross County Line to buy it if you needed a 1 am beer run.
Madison County might still be this way.... I don't live there anymore so i dont know their up-to-date laws.
American Society was pretty interesting in 1920-1950. Businesses are in overdrive doing what they did in the 1920s now. If everything becomes too greedy in capitalism it starts faltering and you will have a recession / depression. We don't need socialism, but we need more of a balance. We will hit a peak depression point and it will get ugly for a bit.
Then we'll snap too far socialist for a while until society stabilizes. Then we'll start balancing out until it hits comfortablity and the hard times are gone. Then weak men will run the country and start the cycle again in some new way. (This is not a comment on either political group running the country, the US has been on this death spiral since banking became the hot job of the late 80s. Neither Rs nor D's have done much if any to stop it and plenty profit off it.)
Just would be smart to stop acting like we should praise the ceo for this type of decision. The consequences hurt people and the rewards are increasing shareholder value. You can't say that's a good thing without being a servant to greed.
Or do I see the start of a death spiral of a company that has lost its stranglehold on the market. Maybe Dunkin or someone else will replace them. But it smells like the start of Sears, Toy's R Us, Blockbuster, Malls in general, chain restaurants like Hooters. The cracks showed in companies getting stripped for parts and aiming for a higher profit margin % than a total net profit $. Because that gets more shareholder value. 2008 is both a long time ago and very close.
Doing a job that's primary function is to make as much money as possible is literally greed?
Do anti-abortion christians excuse a doctor for "killing a baby" because it's their job.
And greed often isn't about doing it to screw people over. It's about only caring about your own and not being thoughtful of others. He has no care towards Ridgeland. People are a statistic to a CEO.
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Whoa nelly. It wasn't a total joke, but wasn't serious enough to go diving into Judeo-Christian values.
I'm a conservative, you know that. But one downside of conservatism is this scarcity BS. Everybody just wants to cut cut cut cut cut. School administration, government, everything, they think the answer is to just cut. And here I'm more talking about the right-winger CELEBRATION of bad things happening to all these workers because they are overpaid, not needed, not important, etc. How does anyone know? It reeks of old man jealousy and anger.
And I totally understand that people like Niccol are worth more than barristas. Duh. But when it gets so out of hand at the top, and the gap is that big to the bottom, that's when adjustments have to happen. I mean he really does take a jet to Seattle daily.
Of course there again, Starbucks agreed to that. They fired the last guy because of declining sales, but Niccol's answer is to cut a bunch of locations. And the typical trolls here applaud it. I know how it works, sometimes these big jolts happen. But I also don't think it's funny especially when it's happening to real people, and when it happens to you one day (hopefully it won't), maybe you'll understand.
Maybe. If he can improve the value, they'll be fine. If he just wants to cut, they'll fail.
He did improve Chipotle, I assume, since they are still very much a brand. I haven't eaten there in a while.
Starbucks, like McDonalds and other minimum wage jobs, isn't meant to be a lifetime career upon which you support a family. It's a stepping stone to a better/higher wage job. But, go ahead and "demand" $25/hr minimum wage and see how quickly you're replaced by a kiosk. Doesn't sound like a wise decision to me.
Wrong. Wrong wrong wrong wrong wrong.
Open a history book.
https://en.m.wikipedia.org/wiki/Fair_Labor_Standards_Act_of_1938
The minimum wage was established to ensure that jobs pay enough to support families. For many years it was set at about half the wage paid to a typical (median) worker - we've fallen off our horse here.
Stop buying this myth that is a damned lie.
I think the union wants $20 per hour as a starting pay, but they have to know they won't get it. Starbucks went from $9 to $15 in less than three years, post pandemic. The trade off was a decrease in staffing, which made a worse experience for both baristas and customers.
Baristas are just part time employees; Starbucks will not pay overtime so it's impossible to get scheduled for 40 hours in a week. I don't think they can argue they need a living wage. But it is a much more demanding job than most part time gigs, and they are expected to be the face of the company as well.
The Union makes no sense to me. If you are struggling financially, why give some of your money to a Union? The store managers and district managers started out as baristas, and they can communicate barista concerns while simultaneously understanding the corporate position.
Why would you ever collectively work together and negotiate from a position of strength when you can be a scab and take a small bump that you were told the company can't afford. But suddenly they can when workers start striking. Why would you ever do that.
If our grandparents had that mentality then we'd be working a lot more than 40 hr work weeks at 12 years old. Unions ain't perfect but they're damn sure better than the alternative. Look at how well the Police do with their unions.
I get what you're trying to say, but if we want to go that route, we're going to have to exempt certain businesses from minimum wage. Fast food simply will not exist, unless it's completely automated.
Maybe that's a good thing.
I'm not opposed to unions generally, I just don't think it makes sense for Starbucks baristas. They are part time employees, and easily replaceable. Starbucks is built for constant turnover. Plus, the company has a long history of listening to, and addressing the barista complaints. I'm really not sure what value the union can add.
OTOH, Starbucks has violated employment laws multiple times trying to block the Union.
Ah yes, the delicious irony of the dumbest man in the room questioning the IQ of others.
Maybe a business model that relies on being unable to pay people a liveable wage isn't a good business model?
I’ll never understand people that jump on grenades for the super rich.
CEO pay is out of control right now and I’m not sure that’s a very controversial take.
Is a part time service job meant to be a "livable wage" though? It doesn't look like Starbucks thinks so:
Starbucks College Education Benefit
Companies do seem to vastly "overpay" for CEOs. I have substantial doubts that most of them have business skills much greater than any number of other people. It's interesting to see people figure out how to climb the ranks, and then largely stay there. I think the dotcom boom was the most demonstrative for me. I saw guys gets tons of VC for marginal ideas, fail completely as CEO, but then be branded for life as an entrepreneur and subsequently continue to get investments and maintain high positions. Ultimately, though, it is the company that decides the pay, so they can fix it if they choose to, investors can invest/or not if as they like and customers/potential customers can decide if they are buying stuff from the company. There's no argument that running a company requires a lot more capability and responsibility than asking if you want room in that cup for cream, but I don't know that there is a "right" for what a company pays their people in a pseudo-free market.
Why does Starbucks determine American policy? These companies operate in our country - they can abide by our laws. We input the minimum wage for a reason. And that reason was widespread depression / recession from catering too much to businesses and owners and leaving our people destitute.
Those who do not study history are doomed to repeat it.
Like I said, maybe so. But I enjoy McDonald's. Matter of fact, I like most fast food.
Perhaps in this day and age of inflation, automation is really the answer.
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