The Jaded Consumer
A Critique of That We Are Offered To Consume
Wednesday, January 28, 2009
SBUX Performing Per Prediction
Profit tumbling, Starbucks is slashing jobs
, SBUX is in fierce competition with large, highly-capable competitors who have effectively made a commodity of the high-end coffee products from which Starbucks had been deriving fat profits. The
impact of the current economic situation
is but salt on SBUX' open wounds.
I continue to call SBUX bear bait.
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