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Marion, that's an excellent question -- and one which one has to ponder when investing in a retail concept. If it's not worth expanding it's probably not worth owning.

If there is one silver lining to Starbuck's it is that they -- in all likelihood -- are employing far more locals for far more hours -- than the mom and pop shop it is up against. So, while the profits might be flowing off to Seattle, there is also a great deal of local income being created by the presence of Starbuck's as a paying employer.

It's a great question and one which I'm not entirely sold one way or the other. I'd love to hear more thoughts on this.

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