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That's roughly how much the average American spent at Starbucks in 2014. Of course, averages can be deceiving. Seems unlikely that babies and toddlers felt the need for a caffeine fix.
March 21, 2015
Starbucks passes Subway in U.S. sales
With almost $12.7 billion in U.S. sales in 2014, Starbucks pulled away from Subway and claimed the No. 2 slot for the first time, according to the report.
Have no fear investors. It is only a matter of time before a Starbucks opens in each new home constructed, perhaps even more than one. The stairs can be tricky to negotiate without a fix before descending. I'm therefore optimistic that the U.S. growth opportunities for Starbucks will exceed expectations by a wide margin for many, many years to come.
This is not investment advice.
Disclosure: I never acquired a taste for coffee. No desire to start now.
Friday: Employment Report, ISM Mfg, Construction Spending, Vehicle Sales
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[image: Mortgage Rates] Note: Mortgage rates are from MortgageNewsDaily.com
and are for top tier scenarios.
Friday:
• At 8:30 AM ET, *Employment Report* fo...
10 minutes ago
16 comments:
I saw a Starbucks opening in the bathroom of another Starbucks. Crazy!
Mr Slippery,
Hahaha!
That is definitely the funniest thing I've read this month!
It makes sense though.
1. Acquire coffee addiction.
2. Order coffee.
3. Pay for coffee.
4. Drink coffee.
5. Pee coffee.
6. Go to step 3.
Oh my! The endless loop of infinite profits! Hahaha! ;)
Ya know, I've been wrong for decades about how much people will pay for coffee.
When I think about, I've been wrong for decades about allot of things...
I think I'm just not pathologically optimistic enough.
It's a "Race Together" to the bottom. Good grief!
Who is Howard Schultz to direct "his" employees to invite "his" customers into a conversation about race?
Yeah, and I need Mike Bloomberg to tell me what size soda to drink. And to tell me to give up my right to bear arms. All the while he saunters around with armed guards 24/7!
The market for warm milk dyed brown is remarkable.
Anonymous,
Never underestimate the American consumer's ability to spend money!!
Unless we're heading into a dotcom bust, or a housing bust, or the credit cards are maxed out, or the Payday Loan stores are closed, or the jobs are outsourced, or the pawn shops...
I seem to have drifted off my optimistic point. Sorry about that.
mab,
I need two smaller gulps to replace one big one! Because everyone knows, that's where the value is!!
And you know what else I need? Lawn darts. There's something just plain wrong about owning a hand gun (which I do) , without being able to purchase a set of lawn darts for home protection. The hypocrisy of banning the damn things just makes me want them more!
And don't even get me started on assault lawn darts! Bigger, badder, can take down medium sized adults from 100 feet in the right hands.
Then again, there has not been one successful hijacking of a commercial plane with lawn darts dince the ban. So that's something I guess.
And while we are at it, let's ban parachutes. People due needlessly each year jumping out of planes. Let's stop encouraging them!
due = die
Time to ban fat fingering on monile phones too! It's just disgusting!
monile = mobile
Frickin' fat fingers I tell you! Drives me insane! And you know what insane people do? They go on lawn dart rampages, in theory. But not in practice.
dearieme,
Warm milk dyed brown? That sounds delicious! I should try that.
One warm milk dyed brown, hold the coffee please.
A bargain at any price!
Lawn Darts! Very popular at barbecues when I was growing up! We had backyard fireworks too. And never wore helmets while biking, skating, skiing, etc.
Look, I totally get it. If corporations are selling dangerous products then we have to attack the individual. For his own good!
Under the 14th amendment, corporations are people. It's true. Except corporations are afforded some special protections that individuals don't have.
Equality baby, that's what I'm sellin! Or is it populism?
mab,
Corporations aren't just people. They are cannabals! Just look at how many other people are inside of them!
It gets worse. Every now and then corporations poop. Out comes the employee excrement. This process is euphemistically known as restructuring and/or cost cutting.
We know its just poop though, because companies only relieve themselves of the employees who have been sucked dry of all corporate nutritional value.
its = it's
No fat finger iphone to blame this time. Had poop on the brain. Must have caused a brain fart, lol. ;)
cannabals = cannibals
Heaven help me. Two brain farts.
Starbucks ran a buy 10 things and get 20 "bonus stars" deal, they call that a "Star Dash" -- you get 2 1/2 free drinks with that (12 stars for a free drink of your choice)
Even buying $2 double-shots (one of the cheaper things they sell), spending $20 to get $12.50 of free Starbucks megadrinks is not something I normally do.
But last weekend they sweetened the deal by giving me 4 bonus stars on their baked goods.
So a $2 cookie would give me 1 star plus 2 "Star Dash" stars plus 4 more bonus stars, for a freebie value of $3 ($5 x 7 / 12). $2 cookie plus $3 off a drink order is a better deal.
Then last weekend I noticed if I bought 3 scones for $3 that produced 13 stars (1 for the purchase + 12 bonus stars) in my account. Pay $3 for 15 stars is getting $6 of freebie value on the purchase.
Plus if you buy Starbucks coffee at Target you get bonus stars.
So, long story short:
http://i.imgur.com/mZEXFp7.png
(plus they give out the free stars in their next quarter so I have 30 more stars coming to me)
Great way to juice the quarterly numbers, running a promo like this. The month cost me $30, which is more than I usually spend in a year there.
But it was fun.
Troy,
We buy cookies rvery now and then. The grocery store runs sales on the Oreo Snack bags. Each bag is 8 ounces and costs 99¢ on sale.
That's 5 pounds of cookies fior $9.90. As you can probably guess, $2 cookies are a very rare event around here.
There is a downside though. I mowed the front yard today. I felt every excess cookie in my system, lol.
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