More Good Signs

[pktruckdriver]

Heres another great story of how good things are.

http://www.msnbc.msn.com/id/25482250?GT1=43001

[bigmack]

Or perhaps a sign of an overpriced, overextended, "Say hello to McDonalds" world that has exposed their brand for what it is. Less than it thought it was.

It'll continue to degrade, as it should.

_____________

Bad example - got any others?

[lsbets]

Their growth strategy was over saturation. Open one after the other, often within a quarter mile of another store. They expected 25% cannibalization of sales from existing stores when they opened new ones, and they got it. Near my first store, there are 5 Starbucks, 2 within a half mile. They opened the second one - a drive thru - right across the street from me after I started to expand. Much to their surprise, none of my customers crossed the street and all they did was pull sales from their main store in town, which is not a drive thru. I'm pretty sure they'll be closing that one. Their coffee is marginally acceptable, their brand is over exposed and watered down, and their customer service is spotty at best. They need to close stores and refocus. Fortunately for me, they don't have anything resembling a commitment to a truly fresh roasted, amazing product, so while McDs and Dunkin eat away at the low end of their business, a lot of great operators across the country will continue to take the high end away from them, leaving them stuck in the middle.

[Tom]

In a free economy, anyone is allowed to fail out of ignorance or poor business decisions.

[ddog]

That was a joke , right.
Came from a Carlin gag or something?

[ddog]

From those noted "gloom and doomers"......

http://online.wsj.com/article/SB121494953423420859.html

Bottom in fin,etc. yeah sure!

Looks great to me!!


You will get bear rallies, possibly soon, but , nope ---dive dive dive.....

swing don't hold.

:lol:

[PaceAdvantage]

Heres another great story of how good things are.

http://www.msnbc.msn.com/id/25482250?GT1=43001Who ever said things are good? Not me...

Remember though, you're the one who said America was dying...that'll be a tough one to live down around here, I can assure you.

[Tom]

The sky is falling!
The sky is falling!


:sleeping::sleeping::sleeping:

[ddog]

as usual only on the blind ones.

[ddog]

AND.............we only did it a couple of times.
What's the big deal.

The only thing stopping more of these is they have not been to court yet.



trust but verify?


http://www.newsobserver.com/business/story/1127520.html

[pktruckdriver]

Kudos to the Judge, job well done.

Bossman
With more Judges like that maybe we aren't quite dead yet, but .....

[wonatthewire1]

Their growth strategy was over saturation. Open one after the other, often within a quarter mile of another store. They expected 25% cannibalization of sales from existing stores when they opened new ones, and they got it. Near my first store, there are 5 Starbucks, 2 within a half mile. They opened the second one - a drive thru - right across the street from me after I started to expand. Much to their surprise, none of my customers crossed the street and all they did was pull sales from their main store in town, which is not a drive thru. I'm pretty sure they'll be closing that one. Their coffee is marginally acceptable, their brand is over exposed and watered down, and their customer service is spotty at best. They need to close stores and refocus. Fortunately for me, they don't have anything resembling a commitment to a truly fresh roasted, amazing product, so while McDs and Dunkin eat away at the low end of their business, a lot of great operators across the country will continue to take the high end away from them, leaving them stuck in the middle.


The classic case over saturation build out from grad school was Benetton - they were in every mall (East Coast) and every town had a small store or two.

I always find Starbucks stuff a bit "burnt" tasting but did try one a few months ago that was good. A good store brand that we have here is Lavazza from Italy - their espresso is good and their decaf rather pleasant.

McNulty's for the good stuff when in NYC and picking up a lot of beans for the freezer! The store is amazing and a step back to the 1890's

http://mcnultys.com/

[wonatthewire1]

From those noted "gloom and doomers"......

http://online.wsj.com/article/SB121494953423420859.html

Bottom in fin,etc. yeah sure!

Looks great to me!!


You will get bear rallies, possibly soon, but , nope ---dive dive dive.....

swing don't hold.

:lol:


I heard ya! No one responded to the -1.0% net for the SPX in the last 8 years posted last week

Those who are buy and holders in 401ks or retired types who don't allocated on the nose are down a lot to inflation...will take a lot to get it back. The SPX rallied back only to not be able to get through the resistance.

oh well!

[lsbets]

The classic case over saturation build out from grad school was Benetton - they were in every mall (East Coast) and every town had a small store or two.

I always find Starbucks stuff a bit "burnt" tasting but did try one a few months ago that was good. A good store brand that we have here is Lavazza from Italy - their espresso is good and their decaf rather pleasant.

McNulty's for the good stuff when in NYC and picking up a lot of beans for the freezer! The store is amazing and a step back to the 1890's

http://mcnultys.com/

Won my friend, Lavazza is stale. Would you buy a loaf of bread baked 6 months ago? Find a local roaster/retailer dedicated to his craft and buy beans roasted within the last 7 days, you'll be amazed at the difference freshness makes with coffee. (And you're right about $Bucks - they use such a ridiculously aggressive roasting profile it makes their beans turn to charcoal). I don't know much of anything about McNulty's, so I can't comment there.

Oh yeah, don't ever store your beans in the freezer. Keep them in an airtight container away from direct sunlight. The freezer and fridge can both cause all kinds of bad things to happen to coffee.

[delayjf]

The classic case over saturation build out from grad school was Benetton - they were in every mall (East Coast) and every town had a small store or two.

I always find Starbucks stuff a bit "burnt" tasting

Agree, it tastes burnt to me as well. Starbucks now has three stores down the street within a 1/4 mile of each other.

Bye the Bye,
One of the best cups of coffee I've ever had - Santa Anita terrace dining room that is one the third flr in the club house over looking the track.