Not even "smoothie-like" concoctions, new coffee blends and new/old logos could keep Starbucks' profit from dropping 28%. CEO Howard Schultz blames the economy but says that the new Pike Place Roast is "driving incremental customers to stores." Not mentioned was the consideration that the plunging profits may be related to the fact that the world was oversaturated with over-roasted coffee and impersonal baristas. [LAT via Eater LA]
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