The ebb & flow of business, can be down right brutal despite the size of your company. Yesterdays announcement to close 600 U.S. outlets by Seattle based Starbucks Corporation (NYSE:SBUX) clearly demonstartes there are few exceptions to the cylclical changes in business.With a total of 4 coffee houses in the Greater Boynton Beach area ( all seemingly located along Congress Ave.) there's a good chance 2 of the 4 will face closure. This may seem like a bear market outlook, however this is more about consideration for the tremendous opportunities the local Starbucks management will have providing they make the necessary adjustments to their marketing approach.
As each branch is likely to face new and super imposed revenue standards networking and shaping dynamic partnerships with other local retailers can make a definitive difference in avoiding the upcoming rounds of closures.
Simply put, the managers of the local Boynton Beach branches must create a solid network or more importantly a stronger support system.
Obviously this opportunity has always been available threw regular scheduled Chamber of Commerce events, but todays economic climate warrants a new sense of urgency.
Starbucks Corporation(Public, NASDAQ:SBUX) |
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