Target has drastically reduced their selling price for a typical bag of Starbucks coffee:
These drastic price cuts are “signs of the times” I suspect.
Target is having such a hard time unloading their Starbucks inventory that they’ve knocked the price down to $7.04 for a regular back of whole beans.
This struck me, especially after hearing about Starbucks’ plans to release their own instant coffee, which is obviously a reaction to difficulties in the luxury coffee sector. Evidently people have changed their spending habits to the point that this major retailer’s average bag of coffee is now closer to $6.50, as compared to a year ago when (as I remember) an average bag of coffee was closer to $10.00.
***
No Comments so far ↓
There are no comments yet...Kick things off by filling out the form below.