Happy Friday, my fellow coffee-loving bloggers.
As I sip my delicious Dunkin’ Donuts iced coffee, I decide to check up on the trending topics on my beloved Twitter. ‘Starbucks’ was on the list yet again. Naturally, I ask “Why?”, and snoop further.
Turns out that Starbucks, the largest coffee-chain in the world, is expanding its business into the second most populated nation in the world: India.
I don’t think it’s news to anyone that Starbucks is struggling in the US lately. And with the recession in Europe not helping their business either, they had to come up with some sort of rescue plan. So India is their solution.
The store is located in a wealthy Mumbai neighborhood, and not surprisingly, the prices in this store are at the higher end of the local coffee shop price spectrum.
Starbucks has stated that they’d like to continue to expand globally. They already have just over 6,000 shops in 49 countries. However, with their slow decline in sales, Dunkin’ Donuts fans like myself can’t help but wonder just how long they can stay on top…(insert evil grin here).
*Note from the author…I wrote this on Friday while sipping on iced coffee, BUT, it was published today (Monday) while enjoying a hot coffee. Sorry for any confusion!*