Coffee Recession
Financial planners often talk about the “Latte Factor” as an example of how to save a lot of money by cutting just a little thing from your life: your gourmet coffee. With everybody thinking we’re in a recession, I’m afraid too many people are taking this to heart. That plus the heat of the summer seems to be taking its toll. Just yesterday I learned of two more shops that have closed. River Rock Coffee Co in Parkville and Waldo Coffee Cup. This makes 6 closings that I heard of in just the last 8 weeks, not counting Starbucks shops!
Are there a bunch of openings I’m missing? Songbird Cafe is a great new shop, but I can’t help but notice that its the ONLY opening amidst this flurry of closings.
July 23rd, 2008 at 1:37 pm
Broadway is opening their new roasting facility and coffee bar, the Roasterie has a new coffee bar in its roasting plant, plus there are many, many coffeehouses that have been doing business day in and day out through good times and bad. Muddy’s is 14 years old, Latte Land is over 15 years old as is Broadway. No need to look for something new when you can “re-discover” the coffee gems that we have. By the way….. love the blog - update it more.