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Saturday, January 26, 2013 1:11:43 PM
Barista store count is down 2 over the last six months, and no new ones opened.
Compare this to the plan announced a year ago to open 100 stores in 2012, half owned and half franchised.
Funds have instead been expended to put ice cream on shelves apparently without a distribution commitment (wonder what happened to Caliph Dairies?) -- what other explanation is there for the current situation?
BCCI seems long on creating expectations (stores, ice cream, reality show) and short on execution. That could explain the 80% decline in pps over the last year as the overall market has gone up by double digits.
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