Tesla, Rivian, and Lucid Have Good News from Starbucks (No, Really)
Starbucks, the world's largest coffee chain, has something that Tesla, Lucid, Rivian, Volvo, and other manufacturers of electric vehicles genuinely want and need.
After work and home, Howard Schultz's ambitious goal for Starbucks (SBUX) - Get Starbucks Corporation Report outlets was to make them the third place for people to hang out.
In his mind, cafés wouldn't just be places to get a cup of coffee; rather, they would be more akin to a British pub, a sort of communal hub where people can mingle over food and drinks.
With a few hiccups along the road, that vision basically came to pass. People who work from home frequent Starbucks outlets, which they have turned into local communities.
The coffee behemoth has nevertheless integrated itself into the lives of millions of Americans, despite the fact that the journey hasn't always been easy.
With almost 15,500 locations in the US, Starbucks has grown to be a massive company. Starbucks is a convenient spot to stop, meet people, or just get a drink and use the restroom.
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