>Slower growth and declining profits have forced American coffee giant – Starbucks – to announce that it would close the majority (61 out of 84) of its stores in Australia, and cut a number of international management roles as part of its realignment efforts. I think most true coffee lovers in Australia would not be too worried about this as they prefer their morning brew from the local cafe where the coffee is good and made by a real Barista, as opposed to a 20 yr old university kid. Will this spell the end of Starbucks in Australia? I think so and while it is unfortunate that a number of jobs will be lost because of this; Australia is better of without Starbucks and their overpriced beverages . What say you?
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