epmccart (96.32)

The Myth of Leisure Cost-Cutting?

May 07, 2009 – Comments (3) | RELATED TICKERS: SBUX , CAKE , BWLD

Six or so months ago - and since - it seems as though most arguments against companies such as Starbucks (SBUX), The Cheesecake Factory (CAKE), Buffalo Wild Wings (BWLD), et al. have revolved around one single, fundamental fact:  these are chains that sell food and drinks at luxury prices, and these, one could rationally argue, are not times when people should - or will - be spending money on luxury items.   [more]