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They often sell products that are just overstocked elsewhere. Near me, they've lately been selling bags of Starbucks brand coffee for their typical $1.25, and m
by bdcravens 3y ago
They often sell products that are just overstocked elsewhere. Near me, they've lately been selling bags of Starbucks brand coffee for their typical $1.25, and my wife used to buy a brand of juice that easily cost 2-3x that much elsewhere.
- SoftTalker 3y agoIt’s not real Starbucks.
- krustyburger 3y agoCome again? Starbucks products sold at Dollar Tree are as real as those sold in other food stores. The Starbucks grocery business is owned by Nestle.
- SoftTalker 3y agoI mean, it's likely not the same as what you'd buy in a Starbuck in the USA. It's was probably packaged for Mexico or someplace, didn't sell, and the overstock was sold to Dollar Tree. They did this with Colgate Toothpaste a while back. It was a minor scandal. It was real Colgate, but not the USA formula. It was not ADA approved and didn't have the same flouride content.
- bdcravens 3y agoHence "Starbucks brand" (real in the same sense that Versace eyewear is actually made by Luxxotica)
- gotorazor 3y agoI mean, even if that is the case, how much did Dollar Tree pay for that coffee to resell it for $1.25 per bag? These guys said they loss $100 mil to shrinkage? Or, did I read that wrong?
- bdcravens 3y agoTheir gross margins are around 30%, so I'm guessing $0.50-$0.75. They have about 8000 stores, so that's about $35 in shrinkage per store per day.