Starbucks Newsroom

Tata Global Beverages and Starbucks Form Joint Venture to Open Starbucks Cafés across India

Mon, 30 Jan 2012 00:00:00 EST

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.

 

Starbucks Announces its Arrival to Costa Rica

Fri, 27 Jan 2012 00:00:00 EST

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.

Starbucks Exceeds Goals with More Than 100 Million Starbucks® K-Cup® Packs Shipped

Thu, 26 Jan 2012 21:00:00 EST

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.”

Little Big Show Benefit Concert Series to Rock Seattle Non-Profit Arts Organizations

Thu, 26 Jan 2012 16:00:00 EST

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.

 

Starbucks Reports Record First Quarter Fiscal 2012 Results

Thu, 26 Jan 2012 13:00:00 EST

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 1^st launch

EPS increased 11% to a record $0.50 per share, compared to $0.45 per share in Q1 FY11

Starbucks Coffee Launches in Morocco

Wed, 25 Jan 2012 00:00:00 EST

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. 

 

Starbucks to Extend Evening Day-Part Concept

Mon, 23 Jan 2012 10:00:00 EST

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.”

 

Starbucks to Host Conference Call to Review Segment Reporting Changes

Thu, 12 Jan 2012 06:00:00 EST

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.

 

Autogrill and Starbucks Coffee extend partnership in Europe

Wed, 11 Jan 2012 00:00:00 EST

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.

 

Starbucks® Blonde Roast Coffee – the Lighter Roast Perfected – Available in Retail and Grocery Stores

Tue, 10 Jan 2012 00:00:00 EST

SEATTLE, January 10, 2012 - Starbucks Coffee Company (NASDAQ:SBUX) today announced the availability of Starbucks® Blonde Roast, a lighter roast coffee from the company known for its signature dark roast, to meet the needs of the 54 million coffee drinkers in the U.S. who say they prefer a lighter roast coffee.* Starbucks® Blonde Roast will be available as a brewed option in Starbucks stores in the U.S. and is available in packaged coffee in Starbucks stores and where customers buy groceries in the U.S.

Perfecting a lighter roast coffee that delivers the great taste and quality customers have come to expect from Starbucks was achieved thanks to 40 years of sourcing, roasting and blending experience and an artful collaboration between Starbucks coffee quality team and roast experts.

 

Limited Release of Starbucks Reserve Organic Ethiopia Sidamo® Coffee at Select Retail Locations

Thu, 05 Jan 2012 00:00:00 EST

Starbucks announces the release of Organic Ethiopia Sidamo® coffee, one of the most renowned coffees in the world for its distinctive lemon flavors. For the first time in the Starbucks coffee line, follow the journey from crop to cup by scanning the QR code on the bag. From being meticulously tended by coffee farmers in their family gardens, to how each cherry is ripened and handpicked at the peak of its flavor, to the exquisite flavor notes in each cup, this digital journey is a unique opportunity for customers to learn more about this coffee.

 

Starbucks Appoints Clara Shih to Board of Directors

Wed, 14 Dec 2011 13:00:00 EST

SEATTLE, December 14, 2011 - Starbucks Corporation (Nasdaq:SBUX) announced today that Clara Shih, Chief Executive Officer of Hearsay Social, provider of one of the leading enterprise social media platforms, was elected to the Starbucks Board of Directors on December 14. Shih will serve on the Board’s Nominating and Corporate Governance committee.

 

Starbucks Enters Five New Cities Across Mainland China

Thu, 08 Dec 2011 09:00:00 EST

SHANGHAI, December 08, 2011 - Riding on the momentum from the opening of its 500^th store in Mainland China in October, Starbucks Coffee Company (NASDAQ: SBUX) entered another five new Chinese cities: Langfang (Hebei Province), Zhengzhou (provincial capital of Henan Province), Harbin (provincial capital of Heilongjiang Province), Xiangtan (Hunan Province) and Zhoushan (Zhejiang Province). In the past year, Starbucks has successfully entered 13 new cities in Mainland China and the stores in these communities have been popular and well-accepted by local customers.

 

Starbucks General Counsel and Secretary Announces Retirement

Wed, 07 Dec 2011 13:00:00 EST

SEATTLE, December 07, 2011 - Starbucks Coffee Company (NASDAQ:SBUX) today announced that Paula Boggs will retire as general counsel and secretary on April 2, 2012.

In June Boggs will join President Obama’s reelection campaign. Based in Seattle and Santa Fe, she will be volunteering as an advocate for the campaign in communities across the country. In 2010 Boggs was appointed by President Obama to the White House Council for Community Solutions whose work is focused on identifying, highlighting and enabling innovative community solutions to youth unemployment.

 

Starbucks Mobile Transactions Exceed 26 Million Within First Year

Tue, 06 Dec 2011 03:00:00 EST

SEATTLE, December 06, 2011 - Nearly a year ago, Starbucks Coffee Company (NASDAQ: SBUX) rolled out the nation's largest mobile payment program with the goal of offering a truly innovative mobile experience for customers worldwide. U.S. customers were introduced to a smartphone application with a Starbucks Card stored within the app, providing the most convenient and fastest way to pay for Starbucks purchases. That momentum has continued as the company heads into its first mobile holiday season.

During 2011, Starbucks expanded its mobile payment program to give customers access to the fastest way to pay at more than 9,000 U.S. locations, introduced the Starbucks for Android™ app, rolled out the Starbucks Card eGift feature, started international expansion and developed the Starbucks Cup Magic app to share augmented reality experiences in its stores and beyond.

 

Make a Difference This World AIDS Day With Your Beverage Purchase at Starbucks

Thu, 01 Dec 2011 00:00:00 EST

Starbucks to Create 5,000 Jobs in the U.K.

Wed, 30 Nov 2011 22:00:00 EST

LONDON, November 30, 2011 - Starbucks Coffee U.K. (Nasdaq: SBUX) announced today its intent to create thousands of new jobs as it significantly steps up its drive-thru program following three years of development and strong customer response to the convenience of Starbucks coffee on-the-go.

The move will see 200 new drive-thru stores opened over the next five years and will establish Starbucks as the market leader in this area. Combined with openings of conventional stores over the same period, the company expects to create 5,000 new jobs.

The growth reflects the continuing trend for better coffee in the U.K., which means that customers now want the best coffee wherever they are, rather than just as a High Street treat.

 

Black Friday Deal with a Twist: Seattle’s Best Coffee Giving Away Free Coffee to People Working on Black Friday

Wed, 23 Nov 2011 06:00:00 EST

SEATTLE, November 23, 2011 - Seattle’s Best Coffee is delivering a perk to those who will be hard at work this Black Friday: free coffee delivered straight to their mailbox.

While many companies give their employees the day off after Thanksgiving, for those who work in retail and related fields, it’s far from a holiday, as they must head back to work well before dawn to support the busiest shopping day of the year. And this year, with some retailers indicating they will open their doors as early as Thanksgiving evening, an increasing number of workers are skipping that extra piece of pie and punching-in instead.

 

Seattle’s Best Coffee Brews up Black Friday Deal with a Twist: Free Coffee for Those Who Work the Busiest Shopping Day of the Year

Fri, 18 Nov 2011 06:15:00 EST

SEATTLE, November 18, 2011 - Seattle’s Best Coffee, part of Starbucks Corporation (NASDAQ:SBUX), is delivering a perk to those who will be hard at work this Black Friday: free coffee delivered straight to their mailbox.

“We all know about the huge crowds on Black Friday, but it’s often overlooked how many people are working on Black Friday to take care of them – including the tens of thousands of part-time employees trying to earn a little more money for the holidays,” said Chris Bruzzo, chief marketing officer for Seattle’s Best Coffee. “We want them to feel appreciated and we hope that by giving them a free delicious cup of coffee we might make their holidays a little brighter.”

 

Starbucks Opens 500th Store in Latin America

Thu, 17 Nov 2011 04:00:00 EST

SANTIAGO, Chile, November 17, 2011 - Starbucks Coffee Company (NASDAQ: SBUX) today announced the opening of its 500^th store in the Latin America region. The company’s newest store in this region is located in Santiago, Chile.

 

Starbucks Invites Customers To Share in the Spirit of the Season With the Gift of a Second Beverage For Free – Let's Merry

Thu, 17 Nov 2011 00:00:00 EST

Beginning Thursday, Nov. 17 – Sunday, Nov. 20, from 2 p.m.-5 p.m. Starbucks invites customers to bring a friend to participating stores in the U.S. and Canada and receive a free holiday beverage of equal or lesser value when purchasing another holiday beverage of choice.

Customers can enjoy any of Starbucks® popular holiday beverages—including the Peppermint Mocha, Gingerbread Latte, Eggnog Latte, and Caramel Brulée Latte, as well as the much anticipated new Skinny Peppermint Mocha, one of the most requested beverages on MyStarbucksIdea.com — and get one to share with a friend [for free or on us]!  

 

Starbucks Holiday Red Cups Come to Life, Signaling the Return of the Merriest Season

Tue, 15 Nov 2011 00:00:00 EST

SEATTLE, November 15, 2011 - Starbucks Coffee Company (NASDAQ: SBUX) celebrates the launch of the holiday season with an innovative new mobile app. This year, Starbucks will make the season come alive with Starbucks Cup Magic, an augmented reality app customers can download for free and use to discover Starbucks holiday characters found on iconic red cups, coffee bags and signage. Customers can watch beloved holiday characters leap to life in various merry holiday scenes. From carolers singing holiday tunes, to an ice skater practicing her spins, to a boy and his dog having a wonderful time sledding down a hill, the Starbucks Cup Magic app allows customers to interact with Starbucks characters in a festive and fun way, Starbucks-style, for the very first time.

 

Fact Sheet: Starbucks Cup Magic App – Holiday 2011

Tue, 15 Nov 2011 00:00:00 EST

Starting November 15, Starbucks customers can experience the NEW Starbucks Cup Magic app, an interactive app that brings Starbucks Holiday characters to life. As part of Starbucks focus on innovation and elevating  the Holiday experience, customers can download and use the app to discover Starbucks Holiday characters as they leap to life in merry holiday scenes by scanning Starbucks iconic red cups, Holiday coffee bags and store signage. This fun and festive app leverages cutting edge technology to provide customers a meaningful experience this holiday season. 

 

Create Jobs for USA Fund Surpasses $1 Million in Donations since Nov. 1 Launch

Mon, 14 Nov 2011 05:00:00 EST

SEATTLE & PHILADELPHIA, November 14, 2011 - Starbucks Coffee Company (NASDAQ: SBUX) and Opportunity Finance Network (OFN) announced today that the Create Jobs for USA Fund has surpassed $1 million in donations within the first two weeks of the program’s November 1^st launch.

To date, $6 million has been contributed to the Create Jobs for USA Fund, which includes a $5 million donation from the Starbucks Foundation to seed this initiative. Every $5 donation can lead to approximately $35 in loans to small businesses, with community lenders issuing $30 in financing, on average, for each $5 donation through their respective financing sources. As a result, the more than $6 million in donations to date may create as much as $42 million in small business loans.

 

Starbucks® Thanksgiving Blend Available in the U.S.

Mon, 14 Nov 2011 00:00:00 EST

Created to go perfectly with stuffing and pumpkin pie, this full-bodied blend of coffees from Guatemala and Sumatra pairs perfectly with all of the flavors of Thanksgiving. Starbucks® Thanksgiving Blend combines subtle spice flavor, cocoa notes and hints of fine herbs to complement a special holiday meal.  