Starbucks plans to open 3,000 new stores in the Americas and aggressively expand its product offering in an effort to dominate the global coffee market place.
Starbucks, a company that is often discussed by analysts and also used as a case study by academia, announced close in July that it was doing exceedingly well and informed its investors of record high 2012 third-quarter results.
On Wednesday, Starbucks Corp. Chief Executive Officer Howard Schultz announced that the world’s largest retail coffeehouse chain will begin to integrate Square Inc.’s mobile payment processing system into 7,000 of its store locations in an effort to expedite customer transactions.
Starbucks is looking to open a new 1,700-square-foot store solely dedicated to its Tazo tea in the fall, where tea enthusiasts will be able to choose from over 80 varieties of loose-leaf tea priced by the ounce.
Following a depressing U.S. labor report for May, Starbucks Corp. on Tuesday introduced a new line of U.S.-made merchandize that it said will help support American jobs.
For most, Valentine’s Day is a hallmark holiday, dedicated to expressions of love and companionship between partners. One advocacy group has chosen the day as a backdrop for boycotting a renowned coffee chain and its decision to allow customers to carry sidearms.
Coffeehouse chain Starbucks Corp. said on Monday that it plans to open 50 stores in India in a joint venture with Indian company Tata Global Beverages.
Coffeehouse giant Starbucks said on Wednesday that the company has slashed $580 million in expenses and announced a first-ever dividend on its common stock, at 10 cents per share.
Starbucks Corp.’s disappointing first-quarter earnings along with new job cuts and store closures offer a dismal outlook for consumer spending patterns and ultimately, the U.S. economy.
A bevy of celebs teamed up with Starbucks on Times Square to help launch their new line of Red Exclusive beverages on Friday, November 28th. The charitable program, which donates funds to AIDS research in Africa, will run through January 2, 2009.
This month, coffeehouse chain Starbucks Corp. announced the locations of the 616 store closures—16 more than previously anticipated—to be completed by March 2009.