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Economic boom benefit Starbucks.
Mr. Coles, a Briton now based at Starbucks?¦ Seattle headquarters, attributed the chain?¦s quick growth in UK to the UK?¦s recent economic boom, and says: The British has enough disposable income to pay for fancy coffee drinks. Comparing with drinking tea bags or instant coffee, going to Starbucks and take a cup of coffee is certainly a luxury consumption. Only from the basic economic theory- demand and supply, we can conclude that the luxuries?¦ consumption increase when the economy is warmer. So the economic prosperity from the 1990s gives a strong support to the consumption of luxuries...
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