Starbucks rivals seen slurping up its sales
Fri Jul 25, 2008 8:25pm EDT
By Lisa Baertlein
LOS ANGELES (Reuters) Costs of production increase, consumers’ incomes decrease, the number of substitutes are growing rapidly and Starbucks is struggling to keep up. With the price of raw materials and transportation rising, Starbucks has had to cut back by closing 600 [...]
