A Starbucks Favorite is Changing (Consumers Won’t be Happy)

August 11, 2022 0 By Cypher9ja

If it feels like inflation has come for everything you hold dear, you’re not alone. Domestic flights are up 47% since January, one in every four marijuana retailers say that they plan to raise prices in the next year, and even fast food is getting pretty expensive.

Those daily coffee outings are also hitting the wallet hard.  A report from data analytics firm Placer.ai found that June foot traffic to Starbucks (SBUX) – Get Starbucks Corporation Report and Dunkin  (DNKN) – Get Dunkin’ Brands Group, Inc. Report dropped by a respective 4.1% and 6.6% as more people try the “latte factor” (a financial concept, popularized by writer David Bach, not having a latte every day and seeing what you save over a few months) out of necessity.

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