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Date: 15 Sep 2006 15:47:27
From: aß
Subject: The end of an era - Starbucks to buy out Diedrich Coffee retail outlets
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As reported in today's Orange County Register, Diedrich Coffee will be
selling 21 of it's 23 retail outlets to Starbucks Coffee, virtually
ending it's existence as an alternative place to get coffee in the
Orange County area. 2 stores will remain, one inside a BMW dealership
& one kiosk in a hospital. Diedrich plans to focus it's business
around what it does best, roasting premium coffees , but for wholesale
sales only, such as to restaurants, hotels, & specialty stores.
The Borg continues to assimilate.....
http://www.ocregister.com/ocregister/money/abox/article_1276307.php
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Date: 15 Sep 2006 20:37:32
From: Heat + Beans
Subject: Re: The end of Diedrich Coffee retail outlets
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daveb wrote:
> they have been closingthem for years.
>
> If deidrich had been running a sucessful, PROFITABLE operation ---
> hmmm, maybe they would not sell out??
>
> d'ya think??
>
> oops silly me -- thinking like a business man
>
>
> blaming Starbucks for the failings of others -- BOOOORING!
>
>
> dave
IMO, it's possible to regret without blaming anyone. To describe
Starbucks as did the OP is not to excuse, but to explain. Neither is
Diedrich blaming anyone, they are making a positive and sound business
decision that you can surely respect. Further, the "problem" is a
structural one (again, IMO) that constrains the prospects of small-to
mid-sized franchises that provide some variety and quality (Peet's
being an exception----let's hope). So I toast with a (true-blue)
Americano, your own business acumen and aspirations, and may you
continue to find much success with your ebay enterprise.
Martin
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Date: 15 Sep 2006 19:54:58
From: daveb
Subject: Re: The end of Diedrich Coffee retail outlets
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they have been closingthem for years.
If deidrich had been running a sucessful, PROFITABLE operation ---
hmmm, maybe they would not sell out??
d'ya think??
oops silly me -- thinking like a business man
blaming Starbucks for the failings of others -- BOOOORING!
dave
116
> http://www.ocregister.com/ocregister/money/abox/article_1276307.php
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Date: 16 Sep 2006 14:54:13
From: Flasherly
Subject: Re: The end of Diedrich Coffee retail outlets
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daveb wrote:
> they have been closingthem for years.
>
> If deidrich had been running a sucessful, PROFITABLE operation ---
> hmmm, maybe they would not sell out??
>
> d'ya think??
>
> oops silly me -- thinking like a business man
Something wasn't adding up right for them - see pg. 3:
www.permanent-value.com/Research/SBUXResearchReportWeb.pdf
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Date: 16 Sep 2006 16:32:33
From: aß
Subject: Re: The end of Diedrich Coffee retail outlets
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On 16 Sep 2006 14:54:13 -0700, "Flasherly" <gjerrell@ij.net > wrote:
>daveb wrote:
>> they have been closingthem for years.
>>
>> If deidrich had been running a sucessful, PROFITABLE operation ---
>> hmmm, maybe they would not sell out??
>>
>> d'ya think??
>>
>> oops silly me -- thinking like a business man
>
>Something wasn't adding up right for them - see pg. 3:
>
>www.permanent-value.com/Research/SBUXResearchReportWeb.pdf
well..there's always Eggs Buckmuffin in yer iPod
"SBUX will continue to prosper in the coming years due to new seasonal
beverage promotions, and
the expansion of the company’s music business. There are also strong
possibilities for a breakfast
program featuring hot egg, bacon, and cheese sandwiches. "
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Date: 16 Sep 2006 14:53:20
From: Flasherly
Subject: Re: The end of Diedrich Coffee retail outlets
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daveb wrote:
> they have been closingthem for years.
>
> If deidrich had been running a sucessful, PROFITABLE operation ---
> hmmm, maybe they would not sell out??
>
> d'ya think??
>
> oops silly me -- thinking like a business man
Something wasn't adding up right for them - see pg. 3:
www.permanent-value.com/Research/SBUXResearchReportWeb.pdf
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Date: 15 Oct 2006 12:26:34
From: Thomas
Subject: Re: The end of Diedrich Coffee retail outlets
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More information on why Diedrich sold out to Starbucks can be found
here:
http://groups.yahoo.com/group/diedrichforum/
Starbucks did not approach Diedrich, but rather Diedrich approached
Starbucks. I do not blame Starbucks. I blame gross minagement on
Diedrich's part for this train wreck. That is my opinion, but I
welcome other opinions!
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Date: 16 Oct 2006 00:12:06
From: Marshall
Subject: Re: The end of Diedrich Coffee retail outlets
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On 15 2006 12:26:34 -0700, "Thomas" <norfolk41@hotmail.com > wrote:
>
>More information on why Diedrich sold out to Starbucks can be found
>here:
>
>http://groups.yahoo.com/group/diedrichforum/
>
>Starbucks did not approach Diedrich, but rather Diedrich approached
>Starbucks. I do not blame Starbucks. I blame gross minagement on
>Diedrich's part for this train wreck. That is my opinion, but I
>welcome other opinions!
Very sad to read all the hatred directed toward Martin. None of these
investors seems to make the connection between loss of quality and
loss of sales. They prefer to make fun of Martin for caring about
coffee quality. It sounds like investors and management were
well-aligned in their race to the bottom.
Marshall
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Date: 15 Oct 2006 15:58:03
From: aß
Subject: Re: The end of Diedrich Coffee retail outlets
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On 15 2006 12:26:34 -0700, "Thomas" <norfolk41@hotmail.com > wrote:
>
>More information on why Diedrich sold out to Starbucks can be found
>here:
>
>http://groups.yahoo.com/group/diedrichforum/
>
>Starbucks did not approach Diedrich, but rather Diedrich approached
>Starbucks. I do not blame Starbucks. I blame gross minagement on
>Diedrich's part for this train wreck. That is my opinion, but I
>welcome other opinions!
Yes, "gross minagement" it was. The two Taco Bell "wunderkinds" who
took over the company really didn't know a thing about coffee. And it
showed.
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Date: 16 Oct 2006 10:10:04
From: Omniryx@gmail.com
Subject: Re: The end of Diedrich Coffee retail outlets
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Marshall wrote:
> Very sad to read all the hatred directed toward Martin. None of these
> investors seems to make the connection between loss of quality and
> loss of sales. They prefer to make fun of Martin for caring about
> coffee quality. It sounds like investors and management were
> well-aligned in their race to the bottom.
I dunno about Martin but one of the guys on the D group who appears to
be the most prolific poster is the numbskull who says that he buys his
coffee from Mickey D's and cannot tell if it has been on the warmer for
30 seconds or 30 minutes. Also that chefs are the biggest problem with
restaurants.
With investors like that, how can you go wrong?????
Will
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