Starbucks (SBUX) is testing $1 coffee and free refills in its Seattle outlets as the global gourmet coffee chain grapples with slower consumer spending and rising competition from fast-food rivals.This is what they really meant to say:
Starbucks is experimenting with a smaller, "short" $1 cup as well as free refills for brewed coffee. Starbucks charges around $1.50 to $4.00 for a coffee, depending on size and flavor.
In a statement, Starbucks said, "This test is not indicative of any new business strategy."
This is indicative of the fact the Bush administration ran our economy into the ground and people no longer have discretionary money to spend on our over-priced coffee.