I used to work on New York Avenue in DC. From the Starbucks near my office you could see two more. If you walked a block east and looked north, you could see yet a fourth store.

But Starbucks’ glory days, at least here in Amurrica, are over:

From the WSJ: Starbucks to Cut U.S. Store Growth But Plans to Accelerate Overseas

Starbucks Corp. plans to drastically reduce the number of stores it builds in the U.S. over the next three years …

Starbucks said Wednesday that this year, it plans to open 1,020 locations in the U.S., down from the 1,175 that it had planned for as of January. But over the next three years, Starbucks plans to cut that number by more than half, opening less than 400 net new locations per year in the U.S.

As my favorite financial bloggers say: “We are all subprime now.”

Starbucks Cuts U.S. Growth Plans [Calculated Risk]