Posts Tagged Starbucks

Landlords Cutting Rent to Retain Starbucks

An article on Bloomberg.com states that Starbucks Corp. is asking some U.S. landlords for a 20 to 25 percent reduction in lease rates.  The Seattle-based company, which is the world’s largest coffee-shop operator, began rent-reduction efforts in January as part of an overall expense-lowering plan.  Starbucks is attempting to curb plunging profits, after reporting a [...]

, , , , , , , , , , , , , , , , , , ,

No Comments