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Starbucks Reports 34 Percent Profit in 3Q

Starbucks on an Upswing with 34 Percent Profit in 3Q

Higher commodity costs? No big deal for Starbucks - more customers equal profits continuing to soar
Starbucks Raises Coffee Price

Starbucks Raises Packaged Coffee Price by 17 Percent

A variety of factors lead to another price hike from Starbucks
Starbucks brand is world-famous and seemingly ubiquitous

Thinking of getting a piece of the Starbucks franchise action?

The most successful coffee retailer in U.S. history, which spends $95 million a year on advertising, the Starbucks brand is world-famous and seemingly ubiquitous. With this sort of name recognition, who wouldn’t want to own a piece of that...
Starbucks and Kraft in talks to split

Celebrity couple Starbucks and Kraft in talks to split

On Thursday Starbucks stated it has had it and is determined to end its increasingly bitter relationship with US food producer Kraft.
Starbucks to start coffee growth in China

Starbucks to start coffee growth in China

Now that Starbucks has helped popularize coffee in China, the coffee giant wants to bring Chinese coffee to the world.
Starbucks raises coffee prices

Starbucks raises coffee prices

Starbucks Corp., the world's biggest coffee chain has announced it is raising its prices. Starbucks said that it has been able to absorb the higher prices of raw coffee until now. The price increases will be focused on big and labor-intensive drinks. However, Starbucks has not announced which drinks have been affected, or by how much as of yet.
Starbucks to add flavors to instant coffee line

Starbucks to add flavors to instant coffee line

On Tuesday, Starbucks announced it will continue to expand its Via instant coffee line with the introduction of four new flavors this fall including vanilla, mocha, caramel and cinnamon spice. This announcement comes almost one year after Seattle-based Starbucks launched the Via Ready Brew product line, which has earned more than $100 million in worldwide sales.
Starbucks will roll out products across supermarkets

Starbucks: More products to sell through supermarkets

In an effort to find new sources of growth, Starbucks Corp will be releasing a range of its instant coffee products across tens of thousands of supermarkets.
Howard Schultz

How Starbucks got its groove back

One fine day in the 1980s, Howard Schultz, Director of Retail Operations and Marketing for the young, up and coming coffee shop chain, Starbucks, was on a buying trip to Milan, Italy. While there, he noticed the coffee bars present on practically every street. These coffee bars acted they were meeting places, performance spaces and public squares.

What's in a name?

This can be seen in every part of the food and drink industry, and this month we’ve been taking a long hard look at the ways various food businesses have shaped their identities.
Starbucks profit down less than view, shares off

Starbucks profit down less than view, shares off

The Seattle company built an iconic global brand by introducing lattes and other espresso drinks -- along with higher drink prices -- to millions of people accustomed to cheap drip coffee.
Starbucks CEO says on track to make savings

Starbucks CEO says on track to make savings

The company is also seeing signs of success in its attempts to adapt to the tough economy, as it rolls out cheap breakfast food and drink combos and a new line of instant coffee.
Investors to Starbucks: Show me the savings

Investors to Starbucks: Show me the savings

Chief Executive Howard Schultz hosts only his second investor pow-wow since re-taking the helm at the coffee chain, and is likely to face tough questions about the company's plan to cut fiscal 2009 co
Starbucks to unveil

Starbucks to unveil "Via" instant coffee

The company, which recently announced another round of store closures and job cuts, will begin selling Via next month.
Starbucks reveals store closures

Starbucks reveals store closures

The coffee chain announced earlier this month that it will close the underperforming stores by the first half of its 2009 fiscal year in an effort to transform the company.
Starbucks initiates turnaround strategy; retailer to scale back stores

Starbucks initiates turnaround strategy; retailer to scale back stores

In a statement, chief executive Howard Schultz, said Starbucks would close 100 underperforming locations in the United States while scaling back the rate of store openings domestically.
Coffee cools while Starbucks retrains

Coffee cools while Starbucks retrains

The world's largest chain of coffee shops closed 7,100 of its US chains between 5.30pm and 9pm for back-to-basics tutorials.
Starbucks to open stores in Europe with licensee SSP

Starbucks to open stores in Europe with licensee SSP

The agreement will see more than 150 stores opened across the European travel market, covering airport and railway station locations.
Starbucks to cut 12,000 jobs

Starbucks to cut 12,000 jobs

The closures are part of the company's transformation plan and include the 100 stores planned for closure, announced earlier this year.


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