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Starbucks is reeling as customers go elsewhere, sales decline (www.nbcnews.com)

submitted 10 months ago by MicroWave@lemmy.world to c/economics@lemmy.world

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The company’s same-store sales fell 3% in the quarter, fueled by a 5% decline in transactions.

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[–] rtxn@lemmy.world 14 points 10 months ago* (last edited 10 months ago) (1 children)

I've been to a Starbucks exactly once. One cup of liquid cost me as much as my lunch, it was a thin, vaguely coffee-smelling brown mass that tried really hard to mask the overextracted flavor with sugar, but all it could do was convince me to never set foot in that monument to capitalism.

[–] azenyr@lemmy.world 7 points 10 months ago

Exactly my experience. The coffee shop literally next door has 500x better taste and quality for 1/8 of the price. Choice is simple.