Aspen Starbucks here to stay
The Aspen Times
Aspen, CO Colorado
ASPEN ” Despite a recent announcement by Starbucks Coffee that it would be closing 600 underperforming stores, the frappuccinos in Aspen should be safe for the foreseeable future.
The Aspen Starbucks on the gondola plaza is owned by Vail Resorts and so is not affected by Starbucks’ July 1 announcement that it would be closing 600 of its approximately 7,200 stores nationwide.
A company spokeswoman for Vail Resorts confirmed that the ski company had no plans to close the store.
Downvalley, most of the stores are licensees, not company stores, and so are not subject to closure. According to a Starbucks spokeswoman, Starbucks coffee counters within other stores (such as the City Market in El Jebel or the Target in Glenwood Springs) are not owned by the company.
The one exception is the Starbucks store in the Glenwood Meadows shopping center in Glenwood Springs. According to an employee there, it is a Starbucks company store. The employee also confirmed that the Glenwood Meadows store was opened in fall of 2006, which may make it susceptible to closure. Approximately 70 percent of the stores identified for closure have been opened since fiscal year 2006, according to a company spokeswoman.
However, Starbucks has not yet announced any plans to close its Glenwood Springs store, and the store was not among the first round of 50 closures announced on July 11.
Details for specific store locations are still being finalized, so no information is being released about the remaining 550 stores that face imminent closure, said a company spokewoman. Individual stores are being notified approximately 30 days prior to closing, she added.
Store closures are expected to continue through March 2009.
Of the 50 stores which will close by the end of July, none were in Colorado. California had the most initial store closures, followed by Minnesota.
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