If you live in New York, San Francisco, or Seattle, don't expect to see a cappuccino listed on the Starbucks menu. The hot espresso-with-foamed-milk drink is disappearing from the mega coffee chain's listed items, although if you order one a barista will still serve it. And why take one of the most basic (and my personal favorite) espresso drinks off the menu? Although Starbucks hasn't yet explained, some speculate it might be because cappuccinos are harder to make in larger sizes and can easily be confused with lattes. Thus Starbucks might be phasing them out and "replacing" them with the stronger "flat white." For more details and conjecture, Business Insider has the skinny (as in latte, not cappuccino).
This essay from Moneyness by JP Koning is from 2019, but I just came across it. It's about Starbucks stored value accounts, which come in the form of physical cards but also as smartphone and smartwatch apps. In 2019 customers were holding about $1.6 billion in stored value. READ THE REST
Starbucks felt pretty confidant on May 4, when CEO Kevin Johnson posted on its website that Starbucks "will not just survive, but with adaptations and new routines, it will thrive." But a day later, the company's COO Roz Brewer sent a letter to its landlords that said, "Effective June 1 and for at least a… READ THE REST
In Hong Kong, the protracted pro-democracy uprising has triggered a local economic recession, especially as businesses and Hong Kongers seek to boycott mainland Chinese businesses and products. READ THE REST
We've probably all been holding our breath about this for a while. And now that it's here, we can start getting used to the idea that this winter will be unlike any before it. With COVID's impact on the holidays, we're all expecting some big changes this time around. However, Mother Nature isn't really all… READ THE REST
This year has given us a perfect opportunity to work on a holiday season project. Since virtually every family has loads of history trapped in old slides, negatives, and photos, this might be just the right time to make sure those precious and historic moments are digitized and preserved for eternity. That used to mean… READ THE REST
Your mom always told you to sit up straight. And, chances are, she wasn't telling you that just to hear herself talk. Posture matters–and for more than just appearances. Right now, about 31 million Americans are experiencing some form of lower back pain. Half of all working Americans suffer from back pain every year, and… READ THE REST