Starbucks suffers a $3.2 billion loss – can the coffee giant recover?

COVID-19 is disrupting the retail industry. Retailers are closing stores, laying off employees, and radically restructuring their business models to suit the digital economy. Starbuck’s (NASDAQ: SBUX) slump in growth during the pandemic gives investors an insight into the suffering retail industry. Starbucks has fought hard to make coffee and SBUX inextricable. The question on […]