Starbucks

How much money have customers stored on Starbucks loyalty cards and the Starbucks app?

US$120m US$750m US$1.2bn Answer: In the first quarter of 2016 Starbucks had US$1.2bn loaded onto its stored-value loyalty cards and its mobile app—more than some US banks have in deposits. The stored value can be used to purchase drinks, food and other merchandise. Sizable though the magnitude of Starbucks’ stored-value quasi-deposits may be, they

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The MitonOptimal group of companies are independent multi-asset investment managers, majority-owned by our management and directors. We employ over 40 staff across offices in Guernsey, South Africa and the United Kingdom. Our primary business focus is the delivery of Discretionary Investment Management and Client Portfolio Management services to a global client base of intermediary and private clients, as well as a range of regulated funds.