Yeah so it turns out that shoving a social justice agenda down the consumer’s throat – to the point of making them share stores with crackheaded niggers – is not a good business strategy. .......Washington Times:
[ Starbucks may have appeased progressives with its social-justice workshops and open-bathroom policy, but such moves have failed to caffeinate the company’s bottom line.
The coffee giant’s stock took a tumble Wednesday after CEO Kevin Johnson announced that Starbucks would close 150 company-owned stores next year instead of the expected 50, with an emphasis on underperforming shops in densely populated urban areas, and lowered growth projections.
Starbucks shares fell Wednesday by 10 percent, hitting their lowest point in 52 weeks, while Morgan Stanley downgraded the company’s investment rating, citing flat growth in China and the decision to lower third-quarter U.S. growth projections from 3 to 1 percent.
Meanwhile, critics of the company-wide diversity workshops argued that Starbucks sent the wrong signal by bowing to social-justice protesters instead of tending to its business model.
“One would think Starbucks shareholders would be better served by leadership that prioritizes sound business principles over so-called social justice initiatives,” said Robert Kuykendall, spokesman for 2ndVote, a conservative corporate watchdog.]
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Poster Comment:
Well, it can't be more explicit than that, can it? >;-}