The coffee chain Starbucks today announced plans to close 150 locations.
The 150 poorly performing company-operated cafés will be closed next year. That's about three times as many stores as Starbucks typically closes per year.
From CNN Money:
The company told investors late Tuesday that it expects same-store sales to grow just 1% for the quarter that begins next month, lowering its previous guidance. The stock slumped 3.5% in after-hours trading.
"Our recent performance does not reflect the potential of our exceptional brand and is not acceptable," Starbucks CEO Kevin Johnson said in a statement. "We must move faster to address the more rapidly changing preferences and needs of our customers."
"Porn for women" was Pornhub's "top trending" search term for 2017; across the pornosphere, the number of women viewers continues its meteoric rise and rise, up to 25% now -- for the porn industry woman viewers represent a huge opportunity for growth.
The revelation that Google had been secretly creating a censored, surveilling search product (codenamed Project Dragonfly) in order to re-enter the Chinese market prompted more than 1,000 googlers to sign a letter of protest and a high-ranking resignation from the one of company's top scientists.
Google's Project Dragonfly was a secret prototype search engine intended to pave the way for the company's return to China; it featured censored search results that complied with Chinese state rules banning searches for topics like "human rights," "student protest" and "Nobel prize."
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