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Jan 30, 2012
Tata Global Beverages and Starbucks Form Joint Venture to Open Starbucks Cafés across India

MUMBAI, India, January 30, 2012 - Tata Global Beverages Limited and Starbucks Coffee Company (Nasdaq: SBUX) today announced a joint venture between the iconic international coffee brand and the 2nd largest branded tea company in the world. The 50/50 joint venture, named TATA Starbucks Limited, will own and operate Starbucks cafés which will be branded as Starbucks Coffee “A Tata Alliance.”

The retail stores will be developed in cities across the country, beginning with stores in Delhi and Mumbai in calendar 2012.
 

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Jan 27, 2012
Starbucks Announces its Arrival to Costa Rica
SEATTLE and SAN SALVADOR, EL SALVADOR; Jan. 12, 2012 – On May of this year, Starbucks Coffee Company (Nasdaq: SBUX), together with joint-venture partner Corporación de Franquicias Americanas (CFA), will open the doors of the first Starbucks in Costa Rica. This first store will be located in San Jose.
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Jan 26, 2012
Starbucks Exceeds Goals with More Than 100 Million Starbucks® K-Cup® Packs Shipped

SEATTLE, January 26, 2012 - At the end of 2011, just two months after the launch, Starbucks Coffee Company (NASDAQ:SBUX) shipped more than 100 million K-Cup® packs and achieved a weighted All Commodity Volume (ACV) distribution across all channels of approximately 71 percent.*

“Thus far, we’ve reached 11 percent dollar share in the premium single cup segment with Starbucks® Coffee K-Cup® Packs,” said Jeff Hansberry, president, Channel Development for Starbucks.** “Our focus with the initial launch has been on Keurig® Single Cup Brewer owners. Our next big opportunity will be to attract new customers to the category. We are confident the combination of the Starbucks Experience with the quality and value of Starbucks® Coffee K-Cup® Packs will ultimately make this a billion-dollar business over time.”

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Jan 26, 2012
Little Big Show Benefit Concert Series to Rock Seattle Non-Profit Arts Organizations
SEATTLE, January 26, 2012 - Today Starbucks, KEXP and Seattle Theatre Group (STG) launch the Little Big Show, a new quarterly benefit concert series that helps Pacific Northwest citizens make a difference in the community as music fans. The face value of tickets (excluding possible fees and/or service charges) will be donated to local non-profit organizations in support of arts-based programming.
 
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Jan 26, 2012
Starbucks Reports Record First Quarter Fiscal 2012 Results

SEATTLE, January 26, 2012 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2012. Results are presented under the new reporting segments, which were effective with the beginning of fiscal 2012.

Fiscal First Quarter 2012 Highlights:

  • Total net revenues increased 16% to a record $3.4 billion
  • Global comparable store sales increased 9%, driven by a 7% increase in traffic and a 2% increase in average ticket
  • Starbucks opened 241 net new stores globally, reaching 500 stores in both mainland China and Latin America
  • CPG revenue increased 72%, driven by the launch of Starbucks- and Tazo-branded K-Cup® packs and the impact of the Q2 FY11 transition of packaged coffee and tea to the direct distribution model
    • Over 100 million Starbucks- and Tazo-branded K-Cup® packs shipped in Q1 following the November 1st launch
  • EPS increased 11% to a record $0.50 per share, compared to $0.45 per share in Q1 FY11
     
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Jan 25, 2012
Starbucks Coffee Launches in Morocco
Casablanca, Morocco; January 25, 2012 –Starbucks Coffee Company (NASDAQ: SBUX) in partnership with Alshaya Morocco S.A.S, a subsidiary of M.H.Alshaya Co., the Middle East’s leading retailer, opened their first two stores in  Morocco on December 5, at  the Morocco Mall. A third store is planned to open in March on the Boulevard d’Anfa.

“Starbucks is excited to expand to  Morocco by bringing  its high-quality coffees and unique Starbucks Experience to customers in Casablanca,” said Jim Godfrey, vice president Public Affairs, Europe, Middle East and Africa. “We are thankful and humbled by the warm welcome we have received in Morocco Mall, and we look forward to opening our third store in the centre of Casablanca in March with our long term partner, Alshaya.”

Starbucks and Alshaya entered into a strategic partnership in 1999 and have since opened more than 500 stores throughout the Middle East and North Africa (including Bahrain, Egypt, Jordan, KSA, Kuwait, Lebanon, Oman, Qatar and the UAE,) Russia and Turkey employing nearly 5,000 partners. 
 
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Jan 23, 2012
Starbucks to Extend Evening Day-Part Concept

SEATTLE, January 23, 2012 - Responding to customer feedback for more options to relax in its stores in the evenings, Starbucks Coffee Company (NASDAQ:SBUX) today announced plans to bring wine, beer and premium food offerings to a handful of locations in Atlanta and Southern California by the end of this year. These stores, along with several others recently announced for the Chicago area, will be the first extensions of the evening day-part concept outside of the Pacific Northwest.

“Building an evening day-part is a natural progression for us as we are always looking for ways to evolve and enhance the Starbucks Experience based on what our customers are telling us,” said Clarice Turner, senior vice president, U.S. Operations. “We’re pleased with the response of our customers to the introduction of wine, beer and premium food at several of our stores in the Pacific Northwest, and we’re excited to see how the idea translates to other markets.”
 

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Jan 23, 2012
Starbucks Comes to Gothenburg

The store will be located in the Central Station of Gothenburg, adjacent to the former entrance facing Nordstan. This new location will offer local customers, commuters and travellers high-quality coffee, innovative products an inviting and relaxed atmosphere and the legendary Starbucks Experience.

The store boasts a comprehensive product offering, including 100% Fairtrade Certified espresso-based drinks, and freshly-brewed coffees, teas and specialty beverages. The range of food items offers a wide variety of breakfast, lunch and snack items like muffins and other pastries, sandwiches and desserts.
 
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Jan 12, 2012
Starbucks to Host Conference Call to Review Segment Reporting Changes

SEATTLE, January 12, 2012 - Starbucks Corporation (NASDAQ:SBUX) will host a 30-minute conference call led by CFO Troy Alstead on Friday, January 13, 2012, at 10:00 a.m. PT to provide a brief overview of Starbucks new reporting segments. The conference call will be broadcast live over the Internet and can be accessed at http://investor.starbucks.com. A replay of the webcast will be available on the company’s website until Friday, Feb 10, 2012.

The company filed an 8-K earlier today with its three-year historical financial results under the new reporting segments, which can also be found on the company’s website along with additional supplemental information.
 

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Jan 11, 2012
Autogrill and Starbucks Coffee extend partnership in Europe
Milan/Seattle, January 2012 – Autogrill Group (Milan: AGL IM) and Starbucks Coffee Company (Nasdaq: SBUX), which started their co-operation in the United States in 1991, have extended their global partnership to develop new business in Europe.

Autogrill will start operating Starbucks stores at its select points of sale in France this year. The first stores will be located in Paris, in high-speed railway stations, a channel of strategic importance.   Later this year, two stores will open in Marseille Airport in Halls 1 and 4.

In the Netherlands, in the coming months, Autogrill will also introduce the Starbucks brand on motorways with the first openings in AC sites in De Meern and Meerkerk.

Autogrill currently operates around 370 Starbucks (352 in North America and 15 in Europe) with operations that generated revenues of more than US$450 million (over €340 million)2 in 2010.
 
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