Monday, June 11, 2018

How Many Stores Is Too Many For Starbucks?

bisnow.com
With nearly 14,300 U.S. locations — more than 2,000 of which have opened in the last three years — there are now more Starbucks locations in the country than McDonald's. The coffee company has also been expanding its Reserve Roasteries at a rapid clip. 

Such growth might mean retail saturation for the chain, according to the Wall Street Journal, citing a number of industry analysts. 

“The U.S. coffee market is becoming over-stored, and traffic is hard to come by," Quo Vadis Capital President John Zolidis told the Journal.. . . more