today I was on the BBC interviewed by the Phil the shows host.
Being Australian running a business in England they wanted to know what I thought of Starbucks closing branches in Oz.
Markets mature and simplified mass market approaches don't work forever.
The general economics affects everyone.
For sometime now the chains have been 'grabbing spots almost regardless of skyhigh rents.
The economic reality of these rents against ROI had to come home to roost eventually.
Business models like Starbucks should not fret about such things, they still have massive opportunitys in emerging markets.....
Do you think I even came close to such clairty, my god next time I am asked for opinion someone please tell me to shut up.........the waffle I came out with........amazing.
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