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Customers are reconsidering their orders at Starbucks due to long lines during peak periods. The podcast discusses if Starbucks' shares are worth watching amid revenue declines. Amazon's strong operating margin and success in its ad business are highlighted. The importance of innovation in the food industry, particularly McDonald's approach with CosMc's, is explored.
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Quick takeaways
- Customers prioritize convenience over cost, impacting buying decisions.
- McDonald's Cosmix initiative explores innovative beverage offerings for younger demographics.
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Challenges Faced by Starbucks
Starbucks faced challenges with declining same store sales due to decreased traffic in core markets like North America and China. This decline raised concerns among investors about the company's ability to regain lost traffic and its pricing strategies amidst consumers becoming more price-sensitive.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode