Monday
07Jan2008
starbucks stagnates
Monday, January 7, 2008 at 11:36AM
Robert Toomey, an analyst at E K Riley Investments in Seattle: -
"They're going to have to slow the rate of new store openings - definitely in the US and perhaps overseas as well. It goes back to the issues of a diluted experience and a saturated market."
Finally, the Starbuckization of the high street may slow. Hopefully.
via. GU
"They're going to have to slow the rate of new store openings - definitely in the US and perhaps overseas as well. It goes back to the issues of a diluted experience and a saturated market."
Finally, the Starbuckization of the high street may slow. Hopefully.
via. GU
Reader Comments (1)
I suppose its inevitable really. The real surprise is when anyone gets surprised by growth slowing as a saturation point is reached.
Like the growth in PCs and mobile phones where starting from zero enables massive percentage growths at first and then reaching a tipping point enables huge volumes growths.