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10.05.2006

Starbucks Produces Star Bucks


Starbucks Raises Target to 40,000 Stores Globally
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Shares of Starbucks rallied $2.56, or 7.1 percent, to $38.52 as of 12:02 p.m. in Nasdaq Stock Market composite trading.
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Starbucks opened 2,200 stores, or about five a day, in the year through Oct. 1. The company has said it expects to build 2,400 stores, or about six a day, in the year ending October 2007.
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"Starbucks is nowhere near saturation in the U.S...

If by saturation, they mean having a Grande Spiced Chai Latte within 20 feet at all times, then yes, there is room for expansion.

There are roughly ~20 births in the District of Columbia each day. Humans of D.C. beware.. you are only outpacing Starbucks by a factor of 3.33. What's going to happen when all these Starbucks retire? You think social security is going to be able to bear the burden??

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