Starbucks Gift Cards Are Kind of a Scam—Here’s Why
You may not believe in ghosts but Starbucks‘ financials sure do. The massive Seattle-based coffee firm made over $200 million worth of revenue this year thanks to an incredibly large contingent of phantom customers due to unused gift cards.
Whether as a corporate giveaway, stocking stuffer, or casual everyday gift, everyone has been given a Starbucks gift card at some point—but a shockingly large percentage of people apparently forget to ever redeem their coffee cash.