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According to Smart Money June 2008, Starbucks CEO & Founder, Howard Shultz, said this is Nov 2007:

“I want to say this as loud and clear as I possibly can: 3-5 years, 20% revenue growth, and we’re heading to 40,000 stores.”

SmartMoney says that with a 28% drop in 2nd quarter profits the coffee house will now open only 400 new stores through 2011.  

My thoughts:

As the French say “C’est la vive.” Or in Austin, we say “Keep Austin Weird.”  I think both reflect the way our culture is starting to rethink things.  The demands of the world are changing, and people are starting to become more aware of how individually they can be change agents. Take “Going Green” for example.  Seems like everyone is participating. Take that thought, and then think about Walmart. It really angers many people when they even hear the name. Many people flat out refuse to have association with them regardless of the savings. I believe that it reflects how people in our country deeply despise big corporations. I think they recognize the impact on their local econmies, and in today’s struggling exconomy, and what some consider weak employment, people are starting to support small and local businesses whenever they can. Some make no exceptions.