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Starbucks continues to feel weight of global boycott over Gaza war

MEMO | May 3, 2024

Starbucks continues to feel the weight of global boycott campaigns over its support of Israel’s war in Gaza which has claimed the lives of over 34,500 Palestinians, the majority of them women and children.

The coffee chain announced a sharp decline in global sales; the worst since the pandemic, which resulted in its share price dropping to a 21-month low. Starbucks reported a 15 per cent drop in net income (to $772 million) compared to this time last year.

Global boycott campaigns have also forced the company to lower its profit forecast for the fiscal year 2024 as the performance of its cafes is expected to remain weak in the near future.

“In a challenging environment, this quarter’s results do not reflect the strength of our brand, our capabilities or the opportunities ahead,” CEO Laxman Narasimhan said in a statement.

The company has been trying to counter what it describes as “ongoing false and misleading information being shared about Starbucks” online.

In October, Starbucks sued Workers United, which has organised workers in at least 370 US Starbucks stores, over a pro-Palestinian message posted on a union social media account.

Starbucks said it was trying to get the union to stop using its name and likeness as the post also drew protests from pro-Israel demonstrators.

Since the start of Israel’s genocidal war on Gaza, Starbucks has seen a continual drop in sales and profits as a result of its actions.

May 3, 2024 - Posted by | Ethnic Cleansing, Racism, Zionism, Solidarity and Activism, War Crimes | , ,

1 Comment »

  1. Israel and the Jews have taught us an important lesson. It should be burned into the brains of everyone with a conscience.

    “Never forgive. Never forget.”

    Apply this lesson to any and all that support or excuse or attempt to justify the Genocide. Use the with-holding of your buying power to destroy the McDonalds and Starbucks and countless others.

    Look at product bar-codes, if you see ‘721’ that code is allocated to Israel. It does not mean that the product was necessarily made in Israel, only the fact that it was registered first in Israel. Have nothing to do with it regardless. Israeli companies now register products in other countries (primarily US, Netherlands and Spain) to hide the fact that they are Israeli products.

    Do to Israel and the Jews what they do to others.

    “The fight against Germany has now been waged for months by every Jewish community, on every conference, in all labor unions and by every single Jew in the world. There are reasons for the assumption that our share in this fight is of general importance. We shall start a spiritual and material war of the whole world against Germany. Germany is striving to become once again a great nation, and to recover her lost territories as well as her colonies. But our Jewish interests call for the complete destruction of Germany.” (Valadimir Jabotinsky, in Mascha Rjetsch, January, 1934)

    “Germany is the enemy of Judaism and must be pursued with deadly hatred. The goal of Judaism of today is: a merciless campaign against all German peoples and the complete destruction of the nation. We demand a complete blockade of trade, the importation of raw materials stopped, and retaliation towards every German, woman and child.” (Jewish professor A. Kulischer, October, 1937)

    It worked for them it can work for us.

    Hath not a Palestinian eyes?

    Hath not a Palestinian hands, organs, dimensions, senses, affections, passions; fed with the same food, hurt with the same weapons, subject to the same diseases, heal’d by the same means, warm’d and cool’d by the same winter and summer as an Israeli is?

    If you prick us, do we not bleed?

    If you tickle us, do we not laugh?

    If you poison us, do we not die?

    And if you wrong us, shall we not revenge?

    If we are like you in the rest, we will resemble you in that.

    If, a Palestinian wrong an Israeli, what is his humility?

    Revenge.

    If an Israeli wrong a Palestinian then what should his sufferance be by Israeli example?

    Why, revenge.

    The villainy you teach me, I will execute, and it shall go hard, but I will better the instruction.

    …. with apologies to Shylock

    Like

    Comment by peterjohnarnold | May 4, 2024 | Reply


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