If the cartoon fits …
1 comment July 2nd, 2008
This Bruce Beattie cartoon seemed appropriate considering my previous post.
Archive for July 2nd, 2008
Too much of a good thing
1 comment July 2nd, 2008
It wasn’t that long ago that almost everyone wanted a Starbucks in their neighborhood. Now that almost everyone does — oops — Starbucks announces that it will close 600 underperforming stores.
It wasn’t that long ago that everyone wanted Krispy Kreme doughnuts but — oops — the company expanded faster than it could handle and has been struggling financially for a couple of years. KK posted its first profit in more than a year in the first quarter.
No matter how good a product, there is a point of diminishing returns. It’s amazing that Walgreens has been able to expand as much as it has without the growing pains other companies have faced.
