Starbucks

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Drown Money Woes With Cups of Joe
Drown Money Woes With
Cups of Joe
Jul 10, 2008 11:01 AM CDT

Drown Money Woes With Cups of Joe

Starbucks hopes sweet new deals will combat sales slump

(Newser) - While Congress worries about what to do for Americans squeezed by gas prices, Starbucks has its own ideas. To lure back people who are cutting pricey lattes out of the budget, new promotions are being launched around the country, writes the Seattle Post-Intelligencer. 

Cup of Joe Getting Smaller
 Cup of Joe Getting Smaller 
Jul 9, 2008 3:18 PM CDT

Cup of Joe Getting Smaller

Chicago coffee maker nixes 20-ounce drinks, for flavor's sake

(Newser) - One purveyor of fine coffee is drawing a line in the sand: Come Aug. 1, Chicago brewer and distributor Intelligentsia will phase out its 20-ounce option—or venti, per Starbucks lingo, the Chicago Tribune reports. Brewing such a large cup dilutes the proportions necessary for maximum flavor, Intelligentsia's CEO says,...

As Starbucks Wanes, Java Fiends Revel in Indie Cafes

Deposed giant makes room for local stores

(Newser) - As Starbucks' financial troubles percolate, not all java fiends are bemoaning the loss of the chain's talls, grandes, and ventis, reports Reuters. In fact, many are celebrating the java giant's downturn and throwing their support behind small independent cafes. Starbucks is set to close 600 stores and lay off 12,...

Starbucks to Close 600 Stores Across US

Most of the shuttering shops opened after October 2005

(Newser) - Starbucks will close hundreds of stores across the US in its newest attempt to boost deflated profits, the Seattle Times reports. In the next nine months, about 600 stores are getting the ax, most of which opened after October 2005. About 12,000 employees will lose their jobs, but the...

Smucker Nears Folgers Deal
 Smucker Nears Folgers Deal 
Jun 4, 2008 7:18 AM CDT

Smucker Nears Folgers Deal

Best part of waking up is market-leading coffee sales

(Newser) - A deal in which JM Smucker Co. will acquire Folgers from Proctor & Gamble is percolating and expected to close this week, the Wall Street Journal reports. The all-stock purchase, which could ring in at $2 billion or more, means Smucker will nearly double in size and take over the...

Starbucks Offers Free Wi-Fi for 2 Hours a Day

Firm unveils its latest attempt to revive business

(Newser) - Starbucks will offer its customers 2 hours of free Wi-Fi a day starting next week, its latest effort to snap out of a sales slump, USA Today reports. Those eligible need a Starbucks Card and must register online with the company's rewards program. Critics say the move isn’t the...

Starbucks Banks on New Hardware

Company counts on gadget for better espresso, more customer face time

(Newser) - With the grounds of a sour economy sticking between shareholders' teeth, Starbucks is looking to a new espresso machine to perk profits back up, the Seattle Post-Intelligencer reports. "What this machine is about is whether Starbucks can get its virginity back," one observer says of the semi-automatic Mastrena,...

San Francisco Coffee Scene Heats Up

Next-gen roasters brew plans to tap premium market

(Newser) - Plans for tapping the premium coffee market are percolating in the Bay Area, the San Francisco Chronicle reports in an in-depth look at the new generation of roasters. Emphasizing freshness and preparation, next-gen roasters are building Northwest-inspired businesses that offer patrons ground-to-order $8 cups, or $9-$11 pots prepared by a...

'Slutbucks'? Coffee Logo Spurs Protest
 'Slutbucks'?
 Coffee Logo
 Spurs Protest 
OPINION
May 10, 2008 7:29 AM CDT

'Slutbucks'? Coffee Logo Spurs Protest

Retro logo is latest Christian complaint against Starbucks—if not its worst woe

(Newser) - Starbucks' fiscal woes are well-documented, and, Mother Jones blogger Jen Phillips writes, a boycott by a Christian group could be next, over the reintroduction of its original logo, which features a nearly bare-breasted sea siren. "The Starbucks logo has a naked woman on it with her legs spread like...

Starbucks Quits the Music Biz
 Starbucks Quits the Music Biz 
Apr 25, 2008 8:17 AM CDT

Starbucks Quits the Music Biz

Coffee giant sheds record label as part of shakeup

(Newser) - Starbucks is handing control of its record label to Concord Music Group barely a year after it got into the music business, Variety reports. The move is part of a shakeup as the coffee chain refocuses on its core business to jolt itself out of a slump. Starbucks' label Hear...

Starbucks Goes Decaf on Earnings Outlook

Stumbling US economy will water down quarterly profits, '08 forecast

(Newser) - The slumping US economy means Starbucks' quarterly profits won't meet estimates when figures are released April 30, the coffee giant said today. Analysts expected earnings of 21 cents per share for the quarter ended March 30; Starbucks expects 15 cents, the Wall Street Journal reports. It now predicts yearly sales...

Starbucks to Pour Freebies
Starbucks to Pour Freebies
Apr 7, 2008 8:59 PM CDT

Starbucks to Pour Freebies

Execs hope new 'everyday' blend will boost soft sales

(Newser) - Starbucks will pour a new blend for free tomorrow (Tuesday) in an effort to rekindle customer love, the Seattle Post-Intelligencer reports. The company is keeping the blend's ingredients—“subtle, rich flavors of cocoa and toasted nuts"—under wraps, and hopes it will boost sales as Starbucks faces fresh...

Starbucks Balks at Paying Back Barista Tips

Firm challenges court ruling, calls it 'unfair beyond reason'

(Newser) - Starbucks is defying a California court ruling, arguing a judge has created a tempest in a tip jar, reports the Seattle Post-Intelligencer. The court ruled the coffee shop must pay nearly $100 million to California baristas forced to share tips with their supervisors. Similar suits have been filed in Minnesota...

When Dumb Lawsuits Attack
 When Dumb Lawsuits Attack 
Mar 23, 2008 5:00 AM CDT

When Dumb Lawsuits Attack

Damages claimed for mistaken impressions, aggressive toilet seat

(Newser) - Emotional trauma because she used the men’s restroom? Surfer in pain after losing his wave? The Daily Mirror digs up the silliest lawsuits ever filed:
  1. Whale tale: After their 27-year-old son was found dead on the back of an orca, parents sued SeaWorld for depicting killer whales as huggable
...

Starbucks Owes Baristas $100M in Tips

Court says supervisors shouldn't be taking a cut out of tip jar

(Newser) - Starbucks will have to shell out more than $100 million to its baristas in California because they had to share the tip jar with supervisors, the Seattle Post-Intelligencer reports. A judge ruled that the coffee giant violated the state's labor code and ordered it to make amends to 120,000...

Starbucks Rolls Out Customer-Focused Changes

Loyalty card, new machines headline plans to jolt coffee giant

(Newser) - A customer-loyalty card, a new website and upgraded brewing machines highlighted changes in store at Starbucks, the Wall Street Journal reports, with CEO Howard Schultz using today's annual meeting to re-focus the firm on quality of customer experience. The card will offer rewards for regulars at the coffee giant, which...

Rivals Earn as Starbucks Learns
Rivals Earn as Starbucks Learns
Feb 27, 2008 8:10 AM CST

Rivals Earn as Starbucks Learns

Rival coffee chains target customers as Starbucks takes training break

(Newser) - Starbucks customers and competition alike got to know each other yesterday as the java giant closed for a 3-hour training break for all employee, reports the AP. "Free-market economy, baby! You've got to take advantage of what the competition throws at you," said one former Starbucks devotee swilling...

Starbucks to Close 7,100 US Stores Today

Relax: It's just for 3 hours, and Dunkin' Donuts has 99¢ coffee

(Newser) - Get your afternoon latte early today, because Starbucks—all 7,100 US locations—is closing at 5:30pm for 3 hours of staff training, CNNMoney reports. The company says it hopes baristas will  “deepen their passion for coffee” and even “transform the customer experience,” not to speak...

Mickey D's Risks Big in Java War
Mickey D's Risks Big
in Java War
Feb 24, 2008 5:58 AM CST

Mickey D's Risks Big in Java War

New coffee line is risky business for Golden Arches, Tribune says

(Newser) - McDonald’s may have Egg McMuffin on its face if it can't out-grind Starbucks with a new line of premium coffees, the Chicago Tribune reports. The new coffee rollout, threatened by a shaky economy, marks one of the company’s riskiest launches ever, according to analysts. As food and labor...

Starbucks Testing $2.50 Cup of Brew
Starbucks Testing $2.50 Cup of Brew
Feb 15, 2008 9:03 AM CST

Starbucks Testing $2.50 Cup of Brew

Slumping company looks to both high-end and low-end products

(Newser) - Struggling with its first major sales slump, Starbucks hopes to lure back customers with a $2.50 cup of luxury coffee. The company hopes to find a high-end niche among serious coffee aficionados with the new brew, made in an $11,000 gizmo similar to a French press, Bloomberg reports....

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