Remember when Starbucks vowed to protest President Trump and his policies by hiring 10,000 Muslim refugees?
Yeah, so, a big I TOLD YOU SO is now in order.
Starbucks had already taken a pretty big hit just after that foolish announcement. Their stock immediately dropped around 20 percent.
Starbucks CEO Howard Schulz insisted the dip was temporary and that a conservative boycott would have no impact on the company.
Well, things have gotten a whole lot worse since then.
Over the past several months, Starbucks has lost a WHOPPING 24 PERCENT OF ITS BRAND VALUE.
Now, a major player like Starbucks can NOT afford such losses if it wants to survive.
Pushing out conservatives is a BAD business decision.
And the Starbucks board finally saw that and gave Schulz the boot. His replacement starts next month.
Meanwhile, Starbucks is trying to now woo Trump-supporters by announcing that it will hire 10,000 MILITARY VETERANS to balance out those 10,000 Muslim refugees.
Indeed, a public endorsement by Trump would probably save the company. But they’re very unlikely to get it.
What do you think? Is this enough to win back your business?