Why Starbucks failed in Australia
- 5,909,585 Views
- 2,955 Questions Answered
- Best of Web
The real origin of the franchise
One of the most successful business models is the franchise, but it didn't originate with McDonald's. Sir Harold Evans describes the remarkable story of a beauty salon that allowed hundreds of women to own their own businesses.
Why do competitors open their stores next to one another?
Why are all the gas stations, cafes and restaurants in one crowded spot? As two competitive cousins vie for ice-cream-selling domination on one small beach, discover how game theory and the Nash Equilibrium inform these retail hotspots.
Why there are almost no Starbucks in Australia - CNBC
It's easy to find a Starbucks cafe almost anywhere in the world, but in Australia, there aren't that many. That's because in 2008, the company closed more than 70 percent of its underperforming locations, leaving only 23 Starbucks stores throughout the entire continent.
Create and share a new lesson based on this one.