Why did the global sales fall at the
established coffee shops?
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Answer:
(Reuters) - Starbucks Corp reported better-than-expected quarterly profit but global sales at established coffee shops fell short of analysts' estimates due to weakness in Europe, sending its shares down five percent in after-hours trade on Thursday. ... Europe has been a weak spot for the world's biggest coffee chain.
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Coffee shops fail for reasons that vary from poor management, lack of sales to cover costs, bad employees, and service, as well as having too much debt.
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