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Post by
lscfa on May 25, 2020 8:33am
STARBUCKS CEO GIVES REPORT SHOWING SALES RECOVERING
STARBUCKS CEO GIVES REPORT SHOWING SALES RECOVERING
- National Post (Latest Edition)
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Starbucks Corp. chief executive Kevin Johnson said sales are recovering as the coffee chain moves toward normalizing its operations. “Over the last week, we have now regained about 60- 65 per cent of prior year comparable U. S. store sales while reopening under modified operations and with reduced hours,” Johnson said.
The coffee giant is being closely watched as a barometer of consumers’ willingness to open their wallets following the intense lockdown measures.
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