This morning, as I passed a “Coming Soon” sign for another Starbucks coffee house, I realized that I can, with little effort, walk to one of 7 Starbucks stores from my office.
There’s three right here on my city block: SW corner, center (hotel lobby), and the NE corner.
I know McDonalds Franchisees (sp?) have a guarantee that there will be no other McDonalds resturants within a certain distance - many stores are like this.
What’s the poop on Starbucks? Are they franchised? Do they make any guarantees on proximity to other stores? How can they open a store within a block of another store and not just split the business between the two?
This seems like poor business - there’s got to be a limit on how much coffee can be consumed by an office block.