pelican

Starbucks Became Day Old Coffee Long Ago

In Tokyo, for example, customers line up 2-3 hours to buy donuts at KrispyKreme. And its not because they think its the best donut on earth. Does that occur in the U.S.? In China they go gaga over KFC. International markets are where the growth for Starbucks is. And I think they can milk that cow for several years. In the meantime, perhaps they can revitalize its domestic operations. I'm not saying the stock is a buy now - I'd like to see it fall to $14/share. But I doubt the situation, through challenging, will never improve.