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My town already had one Starbucks before the pandemic and still has one Starbucks after the pandemic -- moving people to work from home doesn't change the econo
by Johnny555 5y ago
My town already had one Starbucks before the pandemic and still has one Starbucks after the pandemic -- moving people to work from home doesn't change the economics of running a service business like a coffee shop or restaurant. My office building had 25 floors, and probably over 1000 people worked there. That's a lot of foot traffic, probably more than my small downtown sees in a day.
When I work from home I just make coffee or lunch at home - I don't drive down to the strip mall for lunch. But when I go to the office, I eat lunch out with coworkers, and my bus drops me off right in front of the Starbucks so it's easy to stop in for coffee.
I doubt that the employees that the lost jobs from the businesses that served offices were all just displaced to the suburbs, but if you have a reference for that, I'd like to see it.
- thayne 5y agoIt will take time for businesses to follow the workers. At the very least I would imagine the distribution of such businesses won't fully adjust until after the pandemic is over. I think it is too early to say. And given the shortages in servering labor, we may see a shift in the jobs people have as well.