Starbucks Holds More Cash Than Many Banks
Starbucks customers in the U.S. and Canada are splashing less cash at the coffee chain than ever before. That doesn't mean that they are buying fewer beverages and snacks. Rather, they are embracing the company's loyalty card (which can be loaded with money) and app. The company has 12 million loyalty members in the U.S. alone and that means that Starbucks boasts a serious amount of cash on its customer cards. Wall Street Journal data featured in Market Watch shows that Starbucks has more customer cash than many banks have in deposits.
Number of Starbucks stores in Finland 2017-2024, by city
U.S. unit sales of Starbucks energy drinks 2015-2023
U.S. sales of Starbucks energy drinks 2015-2023
Total Starbucks locations globally 2003-2023
Global revenue of Starbucks 2003-2023
Countries with most Starbucks locations globally 2023
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