by Patrick ➕follow (61) 💰tip ignore
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7-Eleven is closing about 444 stores, which is 3% of its North American stores.
the economy no longer provides enough consumers for Starbucks
Why would you overpay for coffee? My wife used to get Starbucks a lot and she finally listened to me, you can make better coffee at home. Get up 5 minutes earlier and brew some beans you like for 25¢ a cup if that.
Starbucks is going to have to adapt and adjust , and this may mean a major re-branding or re-defining effort
Younger folks are waking up.
Look at the Amazon-effect as far as value shopping, whereas someone will go to a bricks-and-mortar store and compare the prices to Amazon.
AD says
Look at the Amazon-effect as far as value shopping, whereas someone will go to a bricks-and-mortar store and compare the prices to Amazon.
I legit just don't buy anything anymore. I can go two weeks without buying a thing. $0. I've stopped spending on myself. Wife buys for the kids, but I personally don't buy much if anything anymore. $100-200/mo? Mostly beer. Maybe a gas station snack. I'm a cheap date.
The older I get, the more I realize I don't need nor want all of this shit I got.
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