Archive for the 'Starbucks Company News' Category

Starbucks 40,000 store target

Saturday, November 11th, 2006

Starbucks already has over 12,000 stores worldwide, but it;’s expanding rapidly, adding an average of six new stores every day. Starbucks’ goal is to saurate markets without cannibalizing existing stores through what the company calls market in-fill. In other words, if the lines are too long at the Starbucks store at one end of the […]

It’s a venti takeover: Starbucks buys 40 Coffee People stores from Diedrich Coffee

Friday, September 15th, 2006

Starbucks has bought 40 Coffee People stores for $13.5 million from West Coast competitor Diedrich Coffee, which is exiting the tough coffee retail market to focus on its wholsesale and franchising businesses.

The Oregonian reports the reaction of Coffee People’s original founder:

“Starbucks owning Coffee People? I never thought that would happen,” said Jim Roberts, who now […]

International investment bank RBC Capital Markets is bullish on Starbucks because of the global expansion opportunities that still exist.

Thursday, September 14th, 2006

Scott Reeevs on Forbes.com writes about RBC Capital Markets’ “outperforming” rating for Starbucks:

“Large international growth opportunities remain, such as China, India, Brazil and Russia,” wrote RBC analyst Larry Miller in a new research report. “We also see same store sales growth within the company’s targeted 3% to 7% annual range.”

The analyst said Starbucks (nasdaq: SBUX […]

Enter: The Lawyer. Starbucks Coupon Drama Reaches Lawsuit Stage

Thursday, September 14th, 2006

There’s no business like tort business! Starbucks somewhat less than brilliantly thought aout and hastily abandoned coupon promotion has now become what it was destined to become: A lawsuit! Hurrah for lawsuits! Nothing is really real until it has spawned a lawsuit and this one could become the Top Dog of lawsuits, namely a […]

Starbucks Coupon Drama Continues

Wednesday, September 6th, 2006

I’m sure Starbucks is ready to put this to bed, but Tamara puts together 3 lessons that Starbucks should take from the debacle.

Jennifer has some suggestions as well.

Key take away points?

1.) Never ever EVER launch a viral marketing campaign if you aren’t willing and able to scale to the level required by a successful campaign.

2.) […]

Starbucks Unionizing Update

Wednesday, September 6th, 2006

Michael Canfield spells out the basics of the unionizing effort at Starbucks.

He also updates that “workers in a Logan Square store declared their wish to be represented by the IWW just before the Labor Day holiday weekend. ”

Find out more about the Chicago unionizing effort.

Oops - Starbucks Email Coupon Drama

Sunday, September 3rd, 2006

DMNews gives us the lowdown on the Starbucks email coupon debacle in Atlanta.

Coffee giant Starbucks pulled an e-mail offering to its employees after distribution got out of hand.

The e-mail called “Try your coffee” offered customers a free Grande beverage between noon and 9 p.m. through Sept. 30. The small print directed customers to print […]

Milk with that coffee?

Sunday, September 3rd, 2006

The New York Times takes us inside the life of breastfeeding mamas working at Starbucks corporate headquarters and compares it to the trials and tribulations of baristas with the same logistical dilemmas. Via MamasInk.

When a new mother returns to Starbucks’ corporate headquarters in Seattle after maternity leave, she learns what is behind the doors mysteriously […]

The Brand to Beat!

Sunday, September 3rd, 2006

The Motley Fool Gang remind uswhy Starbucks is still on their list!

Starbucks has the brand and the clout, and these plans for the fall should do well to remind us that when it comes to coffee, Starbucks is the brand to beat. Shaking this giant’s hold on consumers will be easier said than done.