Show Me the Money! What Money???

This was a post I came across which was partially disheartening. When in Mammut Mall, I did enjoy the leather chairs and calm atmosphere of the GJ outfit there, but there was a high price for comfort and for the coffee. Me thinks inflexible rent is only partial reason for their closing up shops. ADVISORY: BUDAPEST STORE CLOSURES To our loyal Gloria Jean’s Coffees guests, We regret to advise you that we will be closing our three stores in Budapest by the end of March 2009. The combination of the negative effects of the economic crisis and high inflexible rents has currently made the running costs of these stores too difficult for us to sustain. We will continue to watch the market closely with a view to opening new stores in due time. Our aim remains to make Gloria Jean’s Coffees, Hungary’s most loved & respected coffee company. We thank you, with all our heart, for your support and hope to be able to welcome you back again soon.