- Boring Business Nerd
- Posts
- Who wins from return-to-office mandates?
Who wins from return-to-office mandates?
Starbucks and coffee chains could see a sales bump from the return-to-office mandates.
Kieran Ryan
October 08, 2024
TODAY’S STORY
Starbucks and coffee chains could see a sales bump from the return-to-office mandates.
As workers return to the office, more and more are picking up a coffee for the road. At least that’s what the data indicates—36% of consumers in January 2024 who drank coffee on a “past-day basis” did so outside their homes, the highest level since January 2020.
Another factor that could be driving the increase in out-of-home coffee drinking is the industry’s renewed emphasis on the in-store experience. Coffee chains are focused on getting customers to linger more at stores again and ensuring orders are delivered on time when people rush to work in the morning.
OUR PICKS
Here are today’s recs to help you live a smarter life…
1. More books in more places.
Store thousands of titles, then take them all with you. A single charge via USB-C lasts weeks, not hours. $70 off for a limited time.*
2. Bedtime made better.
This gel memory foam mattress topper offers medium plush support for all sleep positions.*
3. Marshall’s signature sound anywhere and everywhere.
This portable speaker delivers rich, clear, and loud sounds like the artist intended. Offers 30+ hours of playtime on a single charge.*
#SHORTS
Student debt relief blocked again…
@boringbusinesskieran Student debt relief blocked again… #business #studentloanforgiveness #studentloandebt #studentdebt
PREVIOUS STORIES
Weight-loss drug leaders engage in pricing war — Eli Lilly and Novo Nordisk are slashing prices to encourage more health plans to cover the medicine.
Walmart’s major grocery moves — Walmart captured 37% (an all-time high) of grocery e-commerce spending in Q2 2024.
How AI is Protecting the Power Grid — Maintaining trees next to power lines is a $10B annual exercise.
Why Costco sells precious metals — The move is part of the company’s "treasure-hunt" strategy.
Select U.S. grocery stores are selling bullets — Milk, eggs, and bullets for sale in some grocery stores + how election cycles impact gun sales
To read the web version of previous stories, click here
If you have any comments or feedback, just respond to this email.
Thanks for reading,
Kieran & Justin Ryan
