Jamaica Coffee Revolution - Starbucks Invasion
Update: 2018/06/21: Nothing in this country is ever good until it is owned by a foreign corporation Misconception : The introduction of Starbucks into the Jamaican Market will add to competition and improve efficiency among local coffee shops. Local Coffee Shops are already competing with other local and regional coffee shops, that is a fair enough market to compete in since the companies are in the same size range. NO! There is no way on this green earth that our small local coffee houses can compete with a Global corporation with the fire power of Starbucks, that would be delusions of grandeur. Yes they can compete with other local coffee houses or small regional coffee houses but Starbucks can give away coffee and still make a profit. Starbucks generates US$21.67 Billion in sale and worth US$84.6 Billion, trading at 57.07 USD stock price with 27,339 Starbucks stores in 76 countries worldwide. My Poor little Café Blue, Cannonball, LFA Deli, Isla...