04/06/2017

Boycott Success: Starbucks BEGS Conservatives To Come Back

Kelly Beasley, The BlackSphere

Proving that playing politics isn’t good business, the designer coffee giant concedes defeat.

Politically divisive leadership at the helm of Starbucks left conservatives out in the cold for years. And now Starbucks pays a heavy price.

Five straight quarters of decreased sales prove that the Conservative dollar matters. Starbucks’ CEO Howard Schulz’ repeated attacks on Conservatives hit the coffee giant where it hurts the most…in the pocketbook.

Starbucks knows why their sales have fallen, and it’s not a softening of the market. To admit that would mean to admit that Obama’s economy wasn’t working.

Although Obama is partly to blame, the bigger impact to Starbuck’s bottom line was abandonment by Conservatives. And Wall Street agrees.

Financial analysts blame Schultz’s Leftist activism.

It all started when the company removed religion from its holiday promotions. Recall that Starbucks stopped using “Merry Christmas” on their holiday cups. When the company did that, Donald Trump called for the first boycott of the company at a campaign rally in November 2015.

“I have one of the most successful Starbucks, in Trump Tower. Maybe we should boycott Starbucks? I don’t know … That’s the end of that lease, but who cares?” Trump said during a campaign rally. “If I become president, we’re all going to be saying Merry Christmas again, that I can tell you. That I can tell you.”

In less than 12 hours, the Trump effect had taken hold.

The next morning Starbucks’ stock opened at 62.55. Thereafter, began the slide, and perhaps the company’s and CEO’s rapid descent into political irrelevance.

Thus, on March 22, 2017, the stock closed down more than 11% at 55.89.

Read full article



You May Also Like:

Why Single Payer Health Care Is A Terrible Option Scott W. Atlas, CNN

The Politicization Of Everything The Wall Street Journal

Trump Vs. Tattooed Millionaires Steve Malanga, City Journal

Why Trump Shouldn't Add North Korea To Travel Ban List Tom Knighton, PJ Media

End The NFL’s Anti-Trust Exemption Daniel Greenfield, FrontPage Magazine

I Was 'A Very Sick Man': Tearful Anthony Weiner Gets 21 Months In Sexting Case [Watch] John Bacon, USA Today

Former Army Ranger Is Only Steelers Player To Stand For National Anthem [Watch] Peter Hasson, Daily Caller

Steelers Coach Rips Afghan War Vet Villanueva For Standing For The Anthem Dylan Gwinn, Breitbart News

NASCAR Just Joined In On The National Anthem Drama, But They're Taking A Totally Different Approach Caleb Hull, Independent Journal Review

Health Care Costs Are The Reason You're Not Getting A Raise Veronique de Rugy, Reason

Privatization: Puerto Rico’s Best Hope For Keeping The Lights On Henry Grabar, Slate

Hillary Clinton Cashes In On Failure Sumantra Maitra, Acculturated

The Age Of Corporate Welfare Is Upon Us Andrew Wilford, American Spectator

Stanley Cup Champion Pittsburgh Penguins WILL Visit The White House Emily Zanotti, Daily Wire

Target's Pay Raise Is Proof That 'Fight For $15' Is Unnecessary Michael Saltsman, Forbes.com

I’m A Conservative College Student. The First Amendment Is Dying On Campuses Like Mine. Bradley Polumbo, Daily Signal

Private Enterprise Is Securing Freedom For Women In Kenya Rahimat Emozozo, Foundation for Economic Education

The Future Will Be Decentralized Michael Krieger, Liberty Blitzkrieg

For More go to the Home Page >>>

Search

SIGN OUR PETITION

FreeMarket Central

TELL CONGRESS: STOP THE POLITICS.

PASS A HEALTH CARE BILL THAT PUTS PATIENTS FIRST



Americans need a health care bill that serves needs of individuals—not those of Washington and big corporations.

 

Read more

Bookshelf

FreeMarket Central

Some titles recent, all recommended -

Special Video Feature

FreeMarket Central

Voices From The 2017 International Students For Liberty Conference

In Search Of History

When America Was Truly The Land Of Opportunity

For [early immigrants] America was truly the land of opportunity. For the first time in their lives, many were truly free to pursue their own objectives. That freedom released the human energies which created the United States. There were few government programs to turn to and nobody expected them. But also there were few rules and regulations. There were no licenses, no permits, no red tape to restrict them. They found, in fact, a free market, and most of them thrived on it. 

-- Milton Friedman,

Shadow Stats Snapshot


FreeMarket Central

ShadowStats alternate economic indicators are based on the methodology of noted economist John Williams, specialist in government economic reporting.

  • Unemployment:
    FreeMarket Central BLS: 4.44%
    FreeMarket Central Shadow Stats: 22.2%
  • Inflation:
    FreeMarket Central August Year-to-Year: 1.73% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.4%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]