Starbucks

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Carly Simon Sues Starbucks
 Carly Simon Sues Starbucks 
Oct 12, 2009 5:36 PM CDT

Carly Simon Sues Starbucks

Coffee chain's failed music label bungled her album's release, singer says

(Newser) - Carly Simon intended the 2008 album This Kind of Love to be her swan song, and she was excited about the record company that would release it: Starbucks-owned Hear Music. The coffee chain had wooed her with a big advance and promises of high exposure in stores, but instead Starbucks...

Starbucks Goes Instant


 Starbucks 
 Goes Instant 
Sep 29, 2009 6:59 AM CDT

Starbucks Goes Instant

Company has high hopes for new $1 powdered coffee

(Newser) - Following a three-city test run, Starbucks is rolling out its new Via coffee across the country today, offering java-fiends an instant brew that costs less than a buck—and is purported to taste just as good as the real thing. The recession-hit coffee chain is selling the powder in Target...

Prof: Starbucks Kills Community

Conversation dies among coffee cups, wi-fi and headphones, says reasearcher

(Newser) - Starbucks sells itself as a "third place" between work and home, but its customers fail to interact the way people used to in public spaces, according to history professor Tom Simon. "Rarely do these different people doing different things actually talk and exchange ideas. But talk and ideas...

Dow Up 36 Points; Consumer Stocks Gain
 Dow Up 36 Points; 
 Consumer Stocks Gain 
MARKETS
Sep 18, 2009 3:20 PM CDT

Dow Up 36 Points; Consumer Stocks Gain

Indices all post solid gains for the week

(Newser) - Stocks posted gains today, closing out a strong week as consumer stocks saw advances, the Wall Street Journal reports. Procter & Gamble gained 3.21% after Citigroup upgraded the firm’s shares to “buy.” Optimism about a recovery in consumer spending drove Starbucks up 3.64%, with PepsiCo...

ID-Theft Ring Victimized Bernanke
ID-Theft Ring Victimized Bernanke
Aug 27, 2009 2:55 PM CDT

ID-Theft Ring Victimized Bernanke

Thieves used pickpocketed IDs, checkbooks for fraud

(Newser) - No less a public figure than the chairman of the Federal Reserve was one of 500 individuals victimized by an identity-theft ring that combined technologically sophisticated methods with old-fashioned thievery to bilk $2.1 million from consumers and financial institutions, Newsweek reports. The ringleader of the group, Clyde Austin Gray...

Starbucks' New Jolt Doesn't Involve Caffeine

Prices up for complex drinks—though regular joe gets cheaper

(Newser) - As promised, Starbucks today began raising prices on some of its more complicated concoctions, the Wall Street Journal reports—though it’s also slicing a few pennies off its more pedestrian offerings. That venti (large) caramel macchiato will cost 25¢ more, for instance; store employees have been told to expect...

Need Coffee Fix ASAP? Definitely Skip Starbucks

Famous chain loses in Slate taste test

(Newser) - Coffee snobs may “talk about the subtleties of macchiato” and scorn the chain stores, but “even sanctimonious coffee bores must lapse: The flesh is weak, the day is full, and Starbucks is just half a block away,” writes Nathan Heller for Slate. Dunkin’ Donuts and McDonald’s...

Starbucks' New Flavor: Local Shop Names

Giant rebrands one Seattle store '15th Avenue Coffee and Tea'

(Newser) - With traffic waning, Starbucks has a new strategy: It’s dropping “Starbucks” from store names and rebranding them to reflect their neighborhoods, the Seattle Times reports. 15th Avenue Coffee and Tea, for example, won’t feature the Starbucks logo—even bags of coffee will be labeled “15th Avenue....

Teen 'Fight Club Bomber' Busted in NY

(Newser) - A Fight Club-obsessed teen has been arrested for the bombing of a Manhattan Starbucks, the New York Daily News reports. Kyle Shaw, 17, modeled himself on the Tyler Durden character in the movie and sought to copy the film's "Project Mayhem" attacks on corporate America, according to police. Shaw—...

Zagat Is Wrong: Peet's Is Better Than Starbucks
Zagat Is Wrong:
Peet's Is Better Than Starbucks
OPINION
Jun 9, 2009 11:27 AM CDT

Zagat Is Wrong: Peet's Is Better Than Starbucks

Bad methodology gave Seattle giant the survey win: Nate Silver

(Newser) - Zagat’s annual fast-food survey served up its usual batch of surprises, but one stood out for Nate Silver of FiveThirtyEight.com fame. Somehow, some way, Starbucks beat Peet’s Coffee for best coffee chain. A travesty of that magnitude can only mean mistaken methodology, Silver contends; Starbucks is fine,...

Starbucks Looks to Cut Back on Rent
Starbucks
Looks to Cut Back on Rent
May 29, 2009 2:42 PM CDT

Starbucks Looks to Cut Back on Rent

Coffee chain presses landlords for 20%-25% reductions

(Newser) - Starbucks is asking some of its landlords for a venti favor: lower lease rates by as much as 25%, Bloomberg reports. With the real-estate market in decline, a rep says, “We’re taking advantage of the opportunity,” adding that most landlords foresee a “mutually beneficial situation.”...

Mickey D's Aims to Mug Starbucks in Europe

(Newser) - Just as Starbucks is scaling back its European expansion, McDonald's plans to open hundreds of new outlets offering high-end coffees and pastries on the continent, reports the Financial Times. “We can become the biggest seller of coffee in Europe,” boasted McDonald's chief financial officer. The company plans to...

Manhattan Jittery After Starbucks Bombing

(Newser) - Police and FBI agents hunted for clues after a homemade bomb blew out windows in a Manhattan Starbucks and jolted awake residents on the Upper East Side before dawn yesterday, reports the New York Times. No one was injured in the blast caused by a makeshift bomb tucked under a...

Closures Thwart Man's Goal to Visit Every Starbucks

Chain's biggest fan races against time as hundreds of stores shut down

(Newser) - Starbucks' store closure program is giving the chain's biggest fan a bad case of the jitters, the Wall Street Journal reports. The 37-year-old, who calls himself "Winter," has visited more than 9,000 Starbucks stores in a quest that has lasted over a decade, but he now faces...

McDonald's- Starbucks Java War Brewing

Marketing campaigns launch this week

(Newser) - A classy coffee war begins this week, with troubled giant Starbucks facing up-and-comer McDonald’s, the Wall Street Journal reports. Both firms are starting national marketing campaigns, with Starbucks insisting that its coffee is the best while McDonald’s tells consumers that its new lattes, cappuccinos, mochas, and hot chocolates...

Make Starbucks What It Sounds Like: a Bank

(Newser) - Forget new drinks—Starbucks should try adding a new sector, writes John Gapper in the Financial Times: banking. It might sound ridiculous to pair cappuccinos and checking accounts, but Starbucks’ 7,000 branches outstrip Bank of America, and, in Gapper’s plan, it wouldn’t even need tellers. Starbucks could...

Stocks Drop on Intel Forecast
 Stocks Drop on Intel Forecast 
MARKET Open
Apr 15, 2009 8:57 AM CDT

Stocks Drop on Intel Forecast

(Newser) - Stocks headed lower at the open, with the Dow off 42 points, the S&P down 4.75, and the Nasdaq behind 17.58. Intel was a big loser, dropping 4% after reporting a better-than-expected 55% decline in profits, and projecting flat sales. “The ‘beat and raise’ scenario...

Tea: Hot Drink of Geek Elite
 Tea: Hot Drink of Geek Elite 
Apr 3, 2009 1:42 PM CDT

Tea: Hot Drink of Geek Elite

(Newser) - Silicon Valley’s tastemakers are trading coffee for the soothing sensation of fine tea, reports Wired. The same tech giants who helped fuel the Starbucks craze are flocking to expensive teas, and tea lounges are popping up in the Bay Area to meet the demand. “It’s the new...

Starbucks: We're No 'Poster Child for Excess'

Coffee giant plans media push to reverse consumer perceptions

(Newser) - Starbucks has become a “poster child for excess,” says CEO Howard Shultz, and the traditionally advertising-shy company is planning media blitz to combat that, Advertising Age reports. TV and Internet ads and social-media efforts will attempt to change the "myth out there that there's this $4 cup...

Firms Reprice Employees' Worthless Stock Options

Repricing plans toss lifeline to 'underwater' stock option holders

(Newser) - Major firms are trying to boost morale by giving workers another chance to profit on stock options made worthless by the stock market dive, the Washington Post reports. Many employees—especially execs—are currently stuck with "underwater" options with a strike price above the trading price. Close to...

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