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Starbucks is reeling as customers go elsewhere, sales decline

Economics @lemmy.world

Starbucks is reeling as customers go elsewhere, sales decline

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213 comments
  • Honestly, it wasn't the $7 coffee that turned me away from starbucks. It was the $7 coffee that taste like toilet water, when there are no shortage of local, cheaper coffee shops with amazing brews made by people who actually want to be there, who also won't be fired for unionizing.

  • The only time I ever go to Starbucks now is if I'm traveling and don't want to stop and run in somewhere and it's the only real option at the exit.

    Their coffee is god-awful and always has been.

    I will always go to local places before Starbucks. And even if I don't want to get out of my car, local places with drive-throughs are becoming pretty common now. There's several here. There's a guy in a small town nearby who owns a tiny drive-up kiosk with a Starbuck's on one side of town and another chain called Biggby's being built on the other side of town. I talked to him about whether or not he's worried. He's not. He has a ton of loyal customers and offers a bunch of stuff that the others don't, like a huge number of smoothie flavors and multiple types of cake you can get slices from. There's even a fresh vegetable stand a friend with a farm set up next to the kiosk so you can get some fresh produce after you get coffee if you're so inclined.

  • Fast food is where the pushback is beginning. Consumers NEED to push back on greed-flation for things to change, especially in areas of elastic demand. Hopefully, this trend continues and the companies react the right way (I know, that’s overly optimistic)

  • Delonghi bean to cup machine has paid for itself £10 of beans a month I have an an aero press at work. It's ruined the thought of paying anything more than£2 for a coffee

213 comments