Fewer Lattes in the World

Starbucks announced it will close 600 of its stores, eliminating 12,000 jobs across the country. The stores they are closing are what they label as "underperformers"--almost 70% of those stores are less than three years old.

I watched The Big Idea on MSNBC last night and they had the Starbucks CEO on who was, unsurprisingly, totally positive about this move. He was also fairly creepy about the Starbucks "experice" and used the word ubiquitous way, way too many times.

Let's hope the two Starbucks by me don't close--they are both fairly new!