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News@lemmy.world · 1 year ago

Starbucks is reeling as customers go elsewhere, sales decline

www.nbcnews.com

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Starbucks is reeling as customers go elsewhere, sales decline

www.nbcnews.com

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

cross-posted to:
[email protected]

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

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1 year ago
My local cafes are just better, and they’re just as close as Starbucks. It’s not that they aren’t busy, their sales just aren’t growing and shareholders don’t like it when the line doesn’t go up.

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