Monday, January 26, 2015
The clown is losing
"In the battle for consumer food and beverage dollars, upscale is winning out over cheap. Starbucks' sales, store traffic, and stock price are all booming, while McDonald's continues to flounder."
Tell us something we don't know, right?
So why is the clown in failing health and other? This article in Money lays out some of the reasons.
(Full disclosure: The author of this blog is related to an employee of the coffee shop chain mentioned above.)