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November 10, 2008

Uncaffeinated

Store-for-store sales at Starbucks' U.S. shops dropped 8 percent for the third quarter compared with the same period last year. Amazing how good a $1.49, 24-ounce, 7-Eleven coffee tastes in a recession.

Posted by Jay Hancock at 5:22 PM | | Comments (0)
        

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About Jay Hancock
Jay Hancock has been a financial columnist for The Baltimore Sun since 2001. He has also been The Baltimore Sun's diplomatic correspondent in Washington and its chief economics writer. Before moving to Baltimore in 1994 he worked for The Virginian-Pilot of Norfolk and The Daily Press of Newport News.

His columns appear Wednesdays and Fridays.
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