Starbucks burned by social-justice appeasement

Topic by 743 roadmaster

743 roadmaster

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This topic contains 11 replies, has 11 voices, and was last updated by JB Books  JB Books 1 year, 7 months ago.

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  • #830101
    +10
    743 roadmaster
    743 roadmaster
    Participant

    https://www.washingtontimes.com/news/2018/jun/20/starbucks-burned-social-justice-appeasement-growth/

    Starbucks may have appeased progressives with its social-justice workshops and open-bathroom policy, but such moves have failed to caffeinate the company’s bottom line.

    The coffee giant’s stock took a tumble Wednesday after CEO Kevin Johnsonannounced that Starbucks would close 150 company-owned stores next year instead of the expected 50, with an emphasis on underperforming shops in densely populated urban areas, and lowered growth projections.

    Starbucks Corp

    NASDAQ: SBUX · June 21, 7:59 PM EDT
    50.62
    ▼ 1.60 (3.06%)
    After Hours 50.62 0.00 (0.00%)
    High61.69on Jan 23, 2018
    Low50.62on Jun 21, 2018
    Avg56.88for past 1 year

    ———–Crash and burn Crash and burn. 150 company stores, wonder how many franchise stores will be closing.

    mgtow is its own worst enemy- https://www.campusreform.org/

    #830103
    +6

    Anonymous
    42

    #830106
    +2
    Secret Agent MGTOW
    Secret Agent MGTOW
    Participant
    22527

    Well they said they have over 30,000 total stores, watch the numbers keeping that figure in mind.

    Women want everything, but want responsibility and accountability for nothing.

    #830112
    +6

    Anonymous
    7

    I’m ashamed to say that there were a few of times I have given Starbuks money. They run mini-stores at the VA. Perhaps once or twice in an Airport.

    F~~~ Starbucks! If there is any other choice, take it. F~~~ing liberal f~~~s of over priced coffer.
    Goto Quicktrip, the coffee is better.

    #830150
    +8
    K
    Hitman
    Participant

    starbucks is out of touch w reality.
    it was INSULTING to people when they closed for the day,
    to train people to be ASS KISSING LIBERAL F~~~~~S.
    they lost the business of every NORMAL person.
    F~~~ YOU STARBUCKS
    YOUR COFFEE IS BITTER ANYWAY !!!

    #830169
    +6
    SH3LLZ
    SH3LLZ
    Participant
    5569

    I work in marketing… Just my 2 cents.

    I don’t think they needed to shut down for an entire day. The revenue loss made no sense. They could’ve had mandatory online sessions or after work paid training… You can’t tell me losing money to make my employees better is a good thing. There should’ve been a strategic investment position with a marketable return here.

    Employees who complete the training get a small bonus or something like that. It’s an incentive for them and the company builds customer loyalty.

    Cutting off a toe to spite your foot means you’re gonna be limping…

    Am I wrong???

    Hit me!

    #ICETHEMOUT!!! #MANOUT!!! #HIDEYOURWEALTH #VAGINAISWORTHLESS

    #830284
    +1
    MarketWatcher
    MarketWatcher
    Participant

    Starbucks would close 150 company-owned stores next year instead of the expected 50,

    Good news!

    #830290
    +2
    JustAnotherGuy
    JustAnotherGuy
    Participant

    Let it all come down. I’ve got my popcorn and s’mores stuff ready for this bonfire.

    Cupcakes are Cold. MGTOW is Absolute Zero.
    “Let us wait a little; when your enemy is executing a false movement, never interrupt him” –Napoleon Bonaparte, 1805

    #830293
    +1
    Solid
    Solid
    Participant
    7520

    Its capitalism baby ! FEEL THE MARKET PRESSURE OF WASTING MONEY ON S~~~ !! HAHAHAHAHA
    If it was in Brazil, they would get some help from c~~~ government in their taxes and other s~~~ just to not close the shops.
    I sincerely hope that they run out of business, these mega-corporations working towards the feminist agenda should be shutdown !

    #830319
    +2
    Just a Man
    Just a Man
    Participant
    934

    They are just going to close the outlets where there was going to be a problem for their new rule. Nothing to see here, folks, just business as usual. I’m waiting for Domino’s drivers to start getting robbed and killed with THEIR new policy. Korporate Amerika does not care about people.

    Philosophy, the female repellent

    #830329
    +1
    MarketWatcher
    MarketWatcher
    Participant

    They are just going to close the outlets where there was going to be a problem for their new rule. Nothing to see here, folks, just business as usual. I’m waiting for Domino’s drivers to start getting robbed and killed with THEIR new policy. Korporate Amerika does not care about people.

    Good point.

    #830465
    +1
    JB Books
    JB Books
    Participant
    3182

    Not to get overly technical, but Starbucks had a market correction based on an inflated price to earnings ratio. Their insane liberal politics will lead to further closings and depressed earnings, which in turn, will lead to lower stock values. Can’t wait for the cachet the liberals seem to think they have slip away, which will accelerate things.

    We just don't realize life's most significant events while they're happening. Back then, I thought, "Well, there'll be other days". I didn't realize that that was the only day. - "Moonlight" Graham

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