Starbucks in trouble

https://www.msn.com/en-us/video/travel/starbucks-has-to-decide-whether-theyre-an-experience-brand-or-product-brand-says-peter-atwater/vi-AA1o1Unt?ocid=xiaomi

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Both the product and the experience suck.

And then there is the cost…

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They’re looking at China now… I hope they are unsuccessful at duping the public there

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I used to like going to Starbucks.

But the only one in my hometown closed.

So, I go to different coffee shops. But try to limit for the sake of my budget.

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I was going to say we don’t have any good coffee shops in my town then I remembered there’s one I’ve been to. I can think of three including Starbucks that really aren’t that great.

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They keep surprising us employees with bogos so were always under staffed for them

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You know, the next big thing is going to be flavored water. Where they give you like a squirt of lemon in your cup of water and charge you 10 dollars.

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We’re 100% in sync on this.

:ok_hand:

There are six year olds in town doing this already. They learn so fast these days.

:roll_eyes:

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Lol dude I’m sure some restaurants do charge for lemon water :rofl:

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mom and pop/local coffee shops >>>>>>>>>>>>> Starbucks

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Starbucks is a rip off so is dunkin donuts but theyre a bit better

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Of all my buying coffee experiences Starbucks was in my dead bottom for everything including taste. Unfortunately when I lived in the states they had a branch in my bookstore so I drank a lot of it and always thought their beans gave a taste of burnt coffee. Like even mcdonalds out here has better tasting coffee and that is whack.

I think they went belly up over here a few years ago!

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Dunkin coffee beats Starbucks no question :ok_hand:

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Yeah their coffee doesn’t taste that good at all

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I am currently enjoying a nice iced latte made with non-fat milk and espresso from Lavazza Crema e Aroma beans. Food cost on it is about $0.54 CDN including two shots of sugar free vanilla syrup. Why would I pay $7.00 for one that doesn’t taste half as good (Starbucks cremates their beans) and requires me to go to a crowded store and expose myself to COVID?

Bleh.

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Starbucks in trouble. Oh no where will I get my s***** coffee?

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Never really cared for Starbucks and I can’t get to the one in town. I go to Dunkin sometimes because I can walk there.

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I was saying it hopefully…

I don’t think Starbucks is in trouble.

A variety of factors have contributed to the quarterly loss: increases in the price of coffee beans due to a hurricane, unionization, loss of foot traffic, underperformance in China, among others.

Starbucks was due for a correction. They expanded too fast (there are more Starbucks in the US than McDonalds), and that made their business model unsustainable.

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