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re: Former Starbucks CEO says company needs to refocus on coffee as sales struggle

Posted on 5/6/24 at 4:35 pm to
Posted by bad93ex
Walnut Cove
Member since Sep 2018
27528 posts
Posted on 5/6/24 at 4:35 pm to
They're struggling? Every time I drive by my local one it has a line of people waiting for their $9 milkshake.

Side note: stopped in there when our power went out on Sunday morning to get some fresh coffee. Not a big fan of Pike's Place but it did the job.
This post was edited on 5/6/24 at 4:44 pm
Posted by Philzilla
Member since Nov 2011
1445 posts
Posted on 5/6/24 at 4:41 pm to
quote:

They're struggling? Every time I drive by my local one it has a line of people waiting for their $9 milkshake.

Ah yes, the anecdote.
Posted by shutterspeed
MS Gulf Coast
Member since May 2007
63777 posts
Posted on 5/6/24 at 6:04 pm to
quote:

They're struggling? Every time I drive by my local one it has a line of people waiting for their $9 milkshake.


This. It could 7PM and there's still going to be a line in the drive thru.
Posted by HangmanPage1
Wild West
Member since Aug 2021
1471 posts
Posted on 5/7/24 at 2:19 pm to
quote:

They're struggling? Every time I drive by my local one it has a line of people waiting for their $9 milkshake. Side note: stopped in there when our power went out on Sunday morning to get some fresh coffee. Not a big fan of Pike's Place but it did the job.
I left education after a decade and went back to sales. They aren’t “struggling” but probably missed plan(which is essentially all the rich people that own us want to make x amount of dollars”. Giant corporations don’t understand that sometimes you can be profitable without growing sales by 5%. One of the effects of what I call super capitalism. You have constantly being growing and outperforming year over year instead of simply maintaining efficiency and good profitability.
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