Updated
Updated · Fox News · May 1
Starbucks CEO says customers pay for a premium experience
Updated
Updated · Fox News · May 1

Starbucks CEO says customers pay for a premium experience

4 articles · Updated · Fox News · May 1
  • The executive described Starbucks as a splurge but said the chain offers a reasonably priced premium experience, not simply expensive coffee.
  • The remarks seek to defend the company’s pricing by emphasizing ambience and service as part of what customers buy.
  • The comments come as consumers remain sensitive to high food and drink prices, putting added scrutiny on how major chains justify premium charges.
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