Even the coffee giant, that purveyor of caffeinated craving, is not immune to the vagaries of macroeconomics. Starbucks, as noted by Forbes Magazine, said Thursday that it has seen underperformance to the effect that it has decided to close its Teavana chain of stores. That...
April 16, 2018
Concerns over customer loyalty — as well as increasing competition in the craft coffee market — have caused one Wall Street analyst to cut his price target on Starbucks. In fact, Cowen analyst Andrew Charles said both factors are likely to hinder Starbucks sales over the next two years, according to CNBC. As a result, […]
July 28, 2017
Even the coffee giant, that purveyor of caffeinated craving, is not immune to the vagaries of macroeconomics. Starbucks, as noted by Forbes Magazine, said Thursday that it has seen underperformance...
