▲ 537 ▼ Starbucks is reeling as customers go elsewhere, sales decline (www.nbcnews.com) submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world 208 comments fedilink hide all child comments
[–] CileTheSane@lemmy.ca 10 points 2 years ago (2 children) When you demand infinite growth any decline in growth is a catastrophe. permalink fedilink source parent hideshow 4 child comments replies: [–] DragonTypeWyvern@midwest.social 6 points 2 years ago (1 child) Same reason McDonald's shit itself over a 1% decline in revenue. permalink fedilink source parent hideshow 2 child comments replies: [–] CileTheSane@lemmy.ca 6 points 2 years ago I used to be middle management in retail. The province wide financial meetings had franchisees shitting themselves because the profit vs cost percentage had gone down, despite the actual profit amount continuing to increase (by raising prices). These people do not live in reality. All numbers must always go up. permalink fedilink source parent [–] rekorse@lemmy.world 1 point 2 years ago* They really should post their expected goals along side the loss. For example they could have a goal of 3% increase which means they undershot their goal by a stupid margin. permalink fedilink source parent
[–] DragonTypeWyvern@midwest.social 6 points 2 years ago (1 child) Same reason McDonald's shit itself over a 1% decline in revenue. permalink fedilink source parent hideshow 2 child comments replies: [–] CileTheSane@lemmy.ca 6 points 2 years ago I used to be middle management in retail. The province wide financial meetings had franchisees shitting themselves because the profit vs cost percentage had gone down, despite the actual profit amount continuing to increase (by raising prices). These people do not live in reality. All numbers must always go up. permalink fedilink source parent
[–] CileTheSane@lemmy.ca 6 points 2 years ago I used to be middle management in retail. The province wide financial meetings had franchisees shitting themselves because the profit vs cost percentage had gone down, despite the actual profit amount continuing to increase (by raising prices). These people do not live in reality. All numbers must always go up. permalink fedilink source parent
[–] rekorse@lemmy.world 1 point 2 years ago* They really should post their expected goals along side the loss. For example they could have a goal of 3% increase which means they undershot their goal by a stupid margin. permalink fedilink source parent