WILL WE SEE MORE STARBUCKS CLOSINGS?

Starbucks announced store closings, which signaled somepeople to start sounding the alarm that fevered times are upon us.In New York City, it may not be a big deal since on many corners ifyou don't like one Starbucks, just cross the street to a differentone. A whopping 84% of GlobeSt.com readers believe we'll see moreStarbucks shuttering their doors, while the rest of voters thinkStarbucks will stay the same. Jeffrey D. Roseman, executive vicepresident and principal of Newmark Knight Frank, believes thelittle coffee shop from Washington state may have a few more tricksup its barista sleeve.

"The Starbucks that will close are the ones that have directlyimpeded on an existing store. Quite frankly, I don't think thereare that many of them. Closing 600 stores sounds like a lot, butthey have 14,000 stores internationally and domestically. It's nota ton of stores.