Thursday, January 24, 2008

How Does STARBUCKS Deal With a Recession? Free Refills!

Seatlle coffee lovers are probably getting excited on Starbucks latest announcement: Starbucks is testing $1 coffee and free refills in its Seattle outlets as the global gourmet coffee chain grapples with slower consumer spending and rising competition from fast-food rivals. Starbucks shares have taken a hit due to questions over consumer spending. When companies like Starbucks are considering rolling back prices one does begin to worry.

2 comments:

Anonymous said...

bush wrecked the economy

Jewish Blogmeister said...

no need to be anon. we know it's the town crier :) as I've said before the president haslittle influence over the economy but you never have a good response to that. Just to make a dumb statement and not back it up with anything intelligent is idiotic at best