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When you have 3 bubble tea shops within 100m in a town of 15000 where the basic wage for retail is basically $4000 (Switzerland) and a rent of $2000 + $50k with
by Foobar8568 5y ago
When you have 3 bubble tea shops within 100m in a town of 15000 where the basic wage for retail is basically $4000 (Switzerland) and a rent of $2000 + $50k without counting the cost to re-arrange the shop, with at least 2 staffs and no clients any times I walk by, I have no doubt about the purpose of these shops.
- thrwyoilarticle 5y agoSelling takeaway sugar and caffeine with a high markup and a quiet shopfront isn't a new business model. Locating them near each other is just game theory. All of this is exactly the same as Starbucks. Bubble tea started being sold in the West to appeal to Asian immigrants. So just because you don't use it doesn't mean nobody else does.