this post was submitted on 31 Jul 2024
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Economics

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Starbucks is reeling as customers go elsewhere, sales decline (www.nbcnews.com)
submitted 4 months ago by MicroWave to c/economics
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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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[–] [email protected] 12 points 4 months ago

If sales are declining that means that profits are also declining. The only solution I see is to increase the price of their coffee to make up for the lost sales.