Starbucks releases Via instant coffee nationwide, stocks store shelves and other retailersSeptember 30th, 2009 Starbucks rolls out Via instant coffee nationwideCaffeine addicts nationwide got first tastes of Starbucks Corp.'s newest offering as the coffee giant blanketed the nation with tens of thousands of free samples of its instant coffee called Via. The beverage, which comes in a long cylindrical plastic sleeve and dissolves in a cup of water, debuted nationwide Tuesday after months of preliminary sales in test markets.
PiperJaffray upgrades Starbucks to 'Overweight' from 'Neutral' on improved sales outlookSeptember 18th, 2009 PiperJaffray upgrades Starbucks to 'Overweight'SAN FRANCISCO — A PiperJaffray analyst upgraded the shares of Starbucks to "Overweight" from "Neutral" based on the expectations that sales results at stores open at least a year will improve. PiperJaffray's Nicole Miller Regan said a trend of moderate improvement in same-store sales results will generate "margin expansion in an already cost-cutting phase."
Regan expects 2009 profit of 75 cents per share, a penny lower than the 76 cent per share consensus estimate of analysts surveyed by Thomson Reuters.
Starbucks announces list of 27 cafes that will open after becoming more profitableSeptember 10th, 2009 Starbucks lists 27 cafes that will remain openSEATTLE — Starbucks Corp. is closing 27 fewer cafes than planned after they proved more profitable than thought.
Starbucks changes course, plans to keep 30 company-owned locations open after they improveSeptember 9th, 2009 Starbucks reverses course, keeps 30 sites openNEW YORK — Coffee-shop heavyweight Starbucks Corp. said Wednesday that it's scrapping plans to close 30 locations.
Starbucks to take control of French operations, turn it into a company-run businessSeptember 1st, 2009 Starbucks to take control of French operationsNEW YORK — Starbucks Coffee Co. said Tuesday that it is taking full control of its French operations and turning it into a company-run business.
Starbucks begins raising prices on 'complex' beverages, also trims prices on some basic drinksAugust 20th, 2009 Starbucks boosts prices on some beveragesSEATTLE — Starbucks Corp. is raising prices on certain harder-to-make beverages — and cutting the costs for simpler ones like a plain cup of coffee, the company said Thursday.
Starbucks CEO Howard Schultz talks about advertising, driving traffic to retail storesJuly 22nd, 2009 On the Call: Starbucks CEO Howard SchultzWith consumers still holding back on small luxuries — even as competition increases among specialty coffee sellers, which now include McDonald's Corp. — Starbucks Corp.
Starbucks Free Pastry Coupon hereJuly 21st, 2009 Starbucks is giving away free pastries today (July 21st) until 10:30am You will still have to buy a coffee but the pastry is free will a coupon (here). The coupon is good until pastries run out or it is over 10:30 am.
Starbucks may soon serve 'well-brewed' beer, wineJuly 18th, 2009 NEW YORK - Starbucks is planning to add beer and wine to its menu, according to reports. But wait, don't start planning your alcohol breaks just yet.
Starbucks to open three non-Starbucks Seattle stores, may bring pilot program to other citiesJuly 16th, 2009 Starbucks wipes name from Seattle locationNEW YORK — Starbucks Corp. said Thursday it is wiping its name from one of its Seattle-area stores and adding alcohol to the menu.
AAA survey says slightly more people are expected to travel during Memorial Day weekendMay 12th, 2009 AAA: more expected to travel for Memorial DayNEW YORK — An estimated 32.4 million Americans are expected to travel this Memorial Day weekend, most of them taking advantage of a plunge in gas prices compared with last year, AAA said Tuesday. The national travel organization estimates show a 1.5-percent increase in travel this weekend.
Coffee selling heats up at McDonald's, Starbucks, Dunkin' Donuts with new ads, price cutsMay 5th, 2009 Coffee retailers heat up advertising, cut pricesNEW YORK — Specialty coffee retailers, now including the nation's biggest hamburger chain, are hoping new ad campaigns and price cuts that start this week will entice more latte lovers to take a sip. McDonald's Corp.
Starbucks 2Q profit falls 77 percent on restructuring, but adjusted earnings beat estimatesApril 29th, 2009 Starbucks 2Q profit drops 77 percentSEATTLE — Starbucks says its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related to closing more than 120 cafes. Seattle-based Starbucks Corp.
Starbucks 2Q profit falls 77 percent on restructuring, but adjusted earnings beat estimatesApril 29th, 2009 Starbucks 2Q profit drops 77 percent on chargesNEW YORK — Starbucks Corp. said Wednesday its fiscal second-quarter profit dropped 77 percent because of big restructuring charges related mainly to the closure of 123 U.S.
Starbucks reports on 2nd qtr Wednesday, cost cuts and lower milk, utility prices may helpApril 28th, 2009 Earnings Preview: Starbucks Corp.NEW YORK — Starbucks Corp. reports earnings for the fiscal second quarter on Wednesday.
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