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Freak the fuck out and panic sell everything right now IT'S FUCKING OVER
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File: 2efd82170d458c490c0bb8c3f0….jpg 📥︎ (647.92 KB, 2400x1600) ImgOps

 15428[Quote]

kind of interesting to see that starbucks, which has dominated US culture (and abroad) in regards to coffee, is being forced to shutter stores.
anecdotally, in my area three stores are closing this month.
why is this? i have heard remarks it was because of the increasing affordability which led to less people consuming starbucks as it was seen as less of a luxury (seems retarded to me). what comes to mind is the fact people are making stuff more at home, especially post COVID, or increased focus on health ((US obesity capped in 2023) <- is this related to Ozempic?))
how can (((YOU))) take advantage of this?
possibly prime commercial real estate in walking distances of businesses, stores, and universities to open a themed cafe (cat cafe if you're cool) or something similar
is this related to a larger market trend?
what do you think soyim

 15430[Quote]

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I have to agree. Honestly I never thought I'd see the day when Starbucks started to lose ground, and yet here we are. Perhaps they had simply expanded too aggressively in recent years and opened new stores in unprofitable locations? At least personally, I've been starting to see starbucks pop up in places that I would say were more middle / lower class and I can't imagine many of the locals could even afford to go there regularly. I myself have only been inside a starbucks 1 or 2 times out of curiosity, but it's a waste of money whether their drinks & food(?) are good or not. I think that's it though - they opened too many new locations that don't necessarily fit within their target demographic and are now starting to reach their peak in terms of markets they can sell to. There are only so many high income / sugary drink obsessed people out there with money to burn.

 15439[Quote]

>>15428 (OP)
short it? also, starbucks will probably never go unless if people just start drinking regular black coffee again. i see people waiting in 20 minute lines for their morning 2000 calorie bomb.

 15446[Quote]

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>>15439
i think it definitely could die out, especially with how many there are. im more interested in the WHY, as that would determine whether shorting it is a good idea (or other similar firms)

 15454[Quote]

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>>15446
id agree with first post that they just have a shitton of stores everywhere and a uninteresting menu. they just sell prepackaged food items and coffee, which is easier to get in a gas station or at home.
<
if you want a sugar bomb to start off your day, then go spend your 15 USD on it every day but that eventually gets unreasonably expensive. nobody has that kind of money anymore, and its extremely unhealthy anyways which is a red flag for the modern consumer who considers healthier foods.
<
id argue that local coffee shops win just because they make food in their kitchens (keyed as f*ck) and they serve the basic coffees which everyone likes. starbucks simply lives in a world where the only thing they can sell is their brand name rather than a solid product that can compete with others.
<
tl;dr starbucks fell off. theres not really any reason to go there for the modern consumer. id short it just because itll just stop getting sales as people start caring about microplastics, food quality, and healthy eating.

 15506[Quote]

Personally I don't think we'll ever see Starbucks truly die out though. Their existing brand loyalty and "innovation" in creating new trendy drinks makes me view them as the Apple of fast food. We all know that apple could suffer from a few years of stagnation without taking a large hit to sales. I imagine that although future growth would be limited, that Starbucks will continue to hold it's niche for ~10 years unless something dramatically changes

 15513[Quote]

>>15506
my point earlier that people trying to eat healthier will be that "dramatic change".

 15542[Quote]

Starbucks is nothing but a human trafficking pedo coverup

 15563[Quote]

For me what made me not like it was the flavor, shit just tastes bad now.

For my area scooters was actually here first and we had a lot of local coffee shops the coffee shops in my area are a hidden gem way better than the local coffee shops i have been too in big Metro areas.

That said i feel like compitition is a lot of it too. In my area we have scooters,7 brew, Dutchbros, and all the restaurants that happen to sell coffee too.

It wouldn't help either how my local starbucks was managed so poorly. Long lines shit service, fucked up orders and still having to pay 15+ for burnt ass coffee and microwave sandwich didn't seem like a good value proposition.



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