Author Topic: 150 Star bucks stores in RSA?  (Read 7601 times)

Samurai

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150 Star bucks stores in RSA?
« on: April 30, 2016, 07:42:07 am »
http://www.moneyweb.co.za/news/companies-and-deals/starbucks-plans-150-stores-south-africa-ceo/

Look you will always find the pretension coffee connoisseurs who prefer their beans to pass through the digestive system of a civet, however Starbucks is a great concept and one store which I always frequent at when in the UK. Provided that the service is up to par, meaning less waiting times then I think they might be a real value.

Fawkes85

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Re: 150 Star bucks stores in RSA?
« Reply #1 on: April 30, 2016, 10:26:10 am »
You know us South Africans. We like ourselves some international brands and feeling like we can have everything the people in the first world have. We gonna lap this stuff up.

On another note though, where I live there are a ton of coffee shops and vendors selling coffee which is just as good as Starbucks' coffee for way cheaper. Yet, all my coworkers still go to Starbucks every day to buy their coffee even though Starbucks charges them twice as much as the other places for LESS coffee which tastes EXACTLY THE SAME.

Thus I think Taste Holdings will be a good long term investment. Starbucks is going to be huge cash cow for them.