Newspapers / The Daily Tar Heel. / July 10, 2008, edition 1 / Page 7
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alir Daily Oar Hrrl Trouble is brewing for Starbucks Starbucks has become a staple for many residents of Chapel Hill. So Starbucks Corp.'s announcement last week that it will close 600 stores throughout the nation is troubling for those who get their daily java fix from the Franklin Street shop. No list of closures has been released, but Starbucks stock takes a spill \ The Starbucks Corp. has seen falling stock during the past two years. The company SC^eC^K * seveTa | sma ** er scatebacks recentfy before the month's announcement of the dosings. •v _ _ ■ This graph represents Starbucks \ /25 - m N. (SJUX) winy dosing stock price. I jobs and closes its stores Wlll c,ose 600 stores in ™at the satie pace in 1 oorts a decline in same |— for 3 hours to conduct the U.S. beginning this m stc foi the first time. [ employee traininq year, subsequently l laying off more than U.S. president of company resigns and is succeeded by Cliff Burrows, who is 1 2.000 employees the president of the company's business in Europe, the Middle East and Africa *— I Reports 28% drop in profit and announces leaves the company, and stores stop selling CDs | l! would open fewer stores in the U.S SOURCE CAHOO FINANCE • ASSOCIATED PRESS ARCHIVES Obama names Farinella as N.C. political director BY BRITTANY MURPHY STAFF WRITER North Carolina's status as a jxilit ical hotspot this election season was solidified last week when Barack Obama named a political director for his campaign in the state. Obama gave the job to veteran campaign manager Mam Farinella a New York native and Northwestern University alumnus, with master’s degrees from the Universities of Chicago and Illinois. “Naming someone as talented and experienced as Man- Farinella to lead the campaign in North Carolina is yet another sign that Barack Ohama intends to compete and win in the Tar Heel state." stated Gov. Mike Easley in a July 7 press release. Farinella has worked on cam paigns across the United States, including Erskine Bowles' 2002 U.S Senate campaign and Lt. Gov. Bev Perdue's campaign in 2004. The hiring of the new political director drew some questions as to why the Obama campaign felt the need to shake up staff, but UNC political science professor Tom Carsey said it's common for campaigns to make changes in the transition between the primary season and general election. “Different staff might have differ ent strengths, changes in needs by Kate Spade r -n Cooch ra 20% off 7 tor all nrvankind 0 „\ total purchase no* vuhd with anq other otters * r ® * V* / •'' Tuesday -Friday Bam - 7pm • Saturday Bam - spm Closed Sunday & Monday fiMLm • Better Ingredients. Better Pizza. *- BlJßffaPWJffWiWfflflfWPlß Accepts ■iIIUAafiUMiUBUMiMMB UNC OneCarC -f I ARnF ■ LJ'mVIkWE Mon-Wed toam-2am Cn&rbltv £ , FOR Thurs-SM Toam-3am jpCllflHj ft AjL A Sunday tlamlam 1 LARGE ylflQQ Papa John's Pizza 2 Topping T #|| w ‘, M . 7575 BIVV A fcU Order PUu Online* ■ mMmArnf\ V www P*P** ohro com J tagsi how ! a t-iM pizza W“* I ath 2 Kfr drMt i1 Ale UP 10 and tOppinQS there are 200 Starbucks in the state, and 57 in the Triangle, that might be at risk. Starbucks has seen rapid expansion dur ing the past decade, but the franchise seems finally to have hit a wall. The corporations stock has been declining for the past two years. MB jjfc Barack Obama named veteran campaigner Marc Farinella as his political director for North Carolina. the campaign might lead to reshuf fling of staff and individual staff members might have any number of personal reasons for wanting or needing a change," he said. Carsey added that Obama still might be in for an uphill battle in North Carolina against Republican John McCain. “1 think Ohama is looking at states where he feels the demographics have changed enough in recent wars and where he feels he can mobilize new voters at a high enough rate to at least challenge McCain," he said. Carsey said that Obama’s campaigning in a traditionally Republican state, even though the odds are against him. can be beneficial because it spreads an opponent’s resources thin. “If he can force McCain to spend time, money and resources defend ing these states, it makes it harder for McCain to campaign in other swing states," Carsey said. When Obama does make his DTWBIISS PIERCE push for the state, he'll have plenty of youth support behind him. Vrvek Chilukuri. a member of UNC Students for Obama, said he expects cooperation lx-tween the group and Obama's campaign to continue. “This campaign has always been reaching out to college organiza tions and youths in general. We worked extensively with them in the primary and will continue to do so in the general election." he said. While North Carolina is abuzz with the appointment of Farinella, GOP members don't think it’s quite time to count John McCain out. Mario Diaz, a spokesman for McCain's southeastern campaign, said that despite the fact that McCain doesn't have a full-time N.C. political director, the Arizona senator will pay attention to North Carolina. “Sen. McCain will have a pres ence in North Carolina, as he will throughout every state leading up to the election." he said. Contact the State is! Xational Editor at stntdesk(a unc.edu. Phone: (919) 405-1300 ggg COUPONS Fax:(919)405-1323 BELOW MATTRESS CAPITAL SLEEP FOR LESS! _TEMPUR-PEDIC SERTA | s 7soff j s lso OFF^ TWIN/FULI ■ OUEEN >■ < | tg\m g\ | FREE DELIVERY or * § f\rr I FRAME with purchase I ®wr ■ | 0 f $499 or more. Ask I KING ‘ about double coupons. * -A. Mon-Fri 10-8 8200 Renaissance Parkway Sat 10-7 Suite 1018 Sun 12-5 Durham. NC 27713 L: ,2 & 3 ipartments lient cation. sßenP^ UNC! >artmcnu.com I, NC 27514 News mm - v* M _'y Sgl s s ■ | *'ij| ■ IJL v W Jm. H W. L' Bj £ K'/OK L~T fjp-RR mmjL . * * mAjBBL DTH/RACHAEI OEMRING The Starbucks Corp. announced the closing of 600 shops across the country last week, 70 percent of which will be stores that opened after 2006. The 103 E. Franklin St. location, which opened in 1997, might be safe. DEVELOPMENT FROM PAGE 3 The Arts Center of Carrboro. and Van Sant said part of the redevel opment will include more space for these Carrboro staples. “Cat's Cradle and the Arts Center w anted more and improved space," she said. “And they will be getting it when the new buildings go up." But not everyone thinks the increased development downtown is such a great idea. The Carrboro Board of Aldermen held a public hearing June 24 to discuss Gaylord’s proposal. And Alderman Jacquic Gist voiced concern for the potential con sequences of the new development. “My worry is that we will over burden our infrastructure," she said. “I'm scared the new develop ment will detract from the livability of Carrboro. I'm worried that well lose the flavor of Carrboro." She said the board has specific goals in mind for the development. “The idea is to increase com mercial development in order to try and alleviate the tax burden on individual homeowners," she said. “But it remains to be seen whether or not the development will meet our goals." Contact the City Editor at city desk (a unc.edu. LIBRARIES FROM PAGE 3 said. In order to meet the new build ing codes. Facility Planner Michael Pierce said UNC will be construct ing two fire stairways attached to corridors located by the loading dock and mechanical area on the east side of Wilson Library. "The drawings (for the stairways will be finalized in the fall and con struction will be completed by the first of the year," Pierce said. He said the interior stairs in the book stacks will also be renovated. Anna Wu. director of facilities planning, said a fire sprinkler system will be added to the building, but it will not be installed this year. Pierce said Wilson Library was not up to current safety codes because the N.C. Department of , •' * - For check udv uammitt * d tofection* ||MB~ aH fAI I -1 OCC QA9 77C7 NORWALK 'N HOURS OP V “ MLL 1 •00d.w. / /oz • v.., j A \ -ppc \*v?'.* V' % ' ' IP Planned I’affilthiKic! J pianneOwwtttwod.orH'Certralm ; ;; "‘ Chapel Hill DufHSm Most insurances Accepted you still have time! It's not too late to apply to live on campus next year. We have a variety of spaces on north and south campus for FEMAIE students only. .0% *4O ‘-gppF i 1 Homing Apply Onl.m Residential Education housing.unc.edu THURSDAY. JULY 10. 2008 Insurance only requires buildings to be updated when they undergo interior renovations. “In order to upgrade other por tions of the building, you have to bring the whole building up to the current codes," Pierce said. “ If you never do a renovation within the building then you don't have to bring it up to the current codes." Wu said that while the amount of repair and renovations appro priations has not yet been finalized, the Wilson Library renovations are being included in University plans. “Our planning funding has come from past repair and renovation appropriations, and I think we ll probably supplement that with some additional repair and reno vations (money)," Wu said. Contact the University Editor at udesk(a unc.edu. 7
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