September 6, 2013 |
BOGOTA, Colombia -- With Starbucks preparing to enter the Colombian market and compete against entrenched retailers, including the country's signature Juan Valdez chain, some growers here can be excused for wondering, “What if?” In the early 1970s, when Starbucks was launched in Seattle, company executives offered the Colombian Federation of Coffee Growers a minority ownership stake in exchange for a steady supply of the country's high quality, smooth-tasting arabica beans, among the most coveted in the world.
CALIFORNIA | LOCAL
April 30, 2013 |
A woman has been arrested after she allegedly tried to sneak tainted bottles of orange juice into a refrigerator at a Starbucks coffee shop in San Jose. A customer reported seeing the woman remove two bottles of orange juice from her purse and place them in a refrigerated display case at the store, the Mercury News reported . When the customer alerted store staff the woman fled. After examining the bottles and detecting what they described as a “toxic smell,” store employees called 911. Police tracked 50-year-old Ramineh Behbehanian to her home about five miles away after a witness provided her license plate number.
January 9, 2014 |
The coffee wars are on. Taking a page from cellphone providers, Tonx Better Coffee Exchange, a micro coffee roaster, is offering subscribers and future subscribers a dollar-for-dollar trade-in of their Starbucks gift cards. For those of us who received a Starbucks gift card for Christmas, they're offering a trade-in -- for Tonx coffee beans. You have to already be a subscriber -- or decide to become a subscriber -- to take advantage of the offer, but what a deal. All you have to do is go to Tonx.org/better , enter a valid Starbucks gift card number and security code and your card will convert to Tonx subscription credit.
December 5, 2012 |
Get ready for two new Starbucks stores a day for the next four years - the Seattle coffee giant isn't joking around about its ambitious growth plans. By 2017, the chain plans to open more than 3,000 net new locations in its Americas region, half of them in the U.S. Thousands more will be freshly renovated, executives said at the company's biennial investor conference Wednesday. The already-massive company intends to have more than 20,000 retail stores on six continents by 2014.
October 30, 2008 |
Starbucks Corp. said October same-store sales in the U.S. might suggest that declines have "bottomed out." Customer visits and sales at stores open at least 13 months didn't decrease this month as fast as they had in the Seattle-based company's fiscal fourth quarter, which ended in September, Chief Executive Howard Schultz said. He didn't specify the pace of the decline in the quarter.
November 6, 2013 |
Starbucks wants the country's defenders to return from the front lines on its payroll, pledging to hire 10,000 veterans and military spouses in the next five years. In an initiative organized in part by Starbucks board member and former Defense Secretary Robert Gates, the Seattle coffee giant said it hopes to tap the unique communication, leadership and problem-solving skills developed by veterans and their families. “This is not a charity initiative,” said Starbucks Chief Community Officer Blair Taylor in an interview this week.
March 23, 2008 |
Starbucks is introducing a new automated espresso machine called Mastrena and getting back to grinding beans in its stores as the coffee retailer seeks to re-energize its slumping business. While likely to disappoint some longing for the return of old-school manual machines, the Mastrena is about 7 inches shorter than machines in stores now, making it easier for baristas to interact with customers. The new machine is designed to leave a smaller margin for error in pulling shots and steaming milk.
November 25, 2008 |
Starbucks Corp. said it expected sales at stores open at least 13 months to fall in the fiscal year that ends in September. Its shares fell 6.5% in late trading. The forecast comes after the Seattle company laid out several scenarios for the year Nov. 10, all of which had same-store sales dropping. Adjusted earnings per share in fiscal 2009 may be as low as 71 cents or as high as 90 cents, depending on how steeply sales deteriorate, the company said then.
January 3, 2013 |
Starbucks Corp. is heading into the scrum over Tully's Coffee, tussling with actor Patrick Dempsey and “breastaurant” style Baristas Coffee Co. to win control of the bankrupt chain. It's a true Seattle battle: Starbucks, Tully's and Baristas are all based in the Washington city. Dempsey's McDreamy character on the television show “Grey's Anatomy” is based there. Starbucks confirmed Thursday that it is participating in an auction for Tully's but declined to say more, saying it was “respecting the Seattle Bankruptcy Court's request for confidentiality.” Tully's parent company, TC Global Inc., filed for Chapter 11 bankruptcy in October, citing struggles with profitability.
June 12, 2012 |
Starbucks Corp. has a new line of merchandise that, in line with the conscientious capitalism efforts at several major companies, it said will be used to help support American jobs. The coffee giant will sell a limited-edition mug, tumbler and bag of coffee - all made domestically - to raise money for its Create Jobs for USA fund. The fund was launched in November after Chief Executive Howard Schultz excoriated politicians and fellow business leaders for failing to do their part to stimulate the U.S. economy.