Starbucks axes sandwiches as part of fix. (AP/Yahoo! News)
The scent of ham, eggs, cheese and bacon will soon stop competing with the aroma of coffee in Starbucks stores as hot breakfast sandwiches become the first casualty of the company’s battle to win back customers.
The sandwiches, which will disappear by this fall, boost a typical store’s annual revenue by $35,000, so pulling them off the menu will cost at first. Chairman and Chief Executive Howard Schultz said that proves the company isn’t letting the soft economy distract it from committing to big changes that will pay off over the long haul.
“The decision and the courage it takes to remove something when there’s pressure on the business — like the sandwiches — is emblematic that we’re going to build for the long-term and get back to the roots and the core of our heritage, which is the leading roaster of specialty coffee in the world,” Schultz told The Associated Press on Wednesday after the company released its financial results for the first fiscal quarter.
Whatever.
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