Toddo on TV: Starbucks Switches to Decaf
Markets, movers and more.
Starbucks (SBUX) plans to close 600 locations in the U.S. in the coming year, a sign that consumers are scaling back on discretionary spending. It also speaks to the deflation theme we've been discussing at Minyanville for some time. According to Toddo, if the commodity bubble were to burst, look for non-durables such as Sarah Lee (SLE), General Mills (GIS) and Campbell Soup (CPB) to experience a nice lift.
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