Starbucks (SBUX) said it will soon make a major announcement about a new product for the single-serve market.
The company is preparing for the expiration of its agreement with Kraft Foods (KFT), Reuters reported. Under the terms of the agreement, whi…
Since 1998, Starbucks has contracted with Kraft Foods to distribute its bagged coffee through grocery stores. In letters released to The Wall Street Journal and Reuters, Kraft fired yet another salvo in its bid to hold together…
Starbucks wants to end its distribution relationship with Kraft Foods, but Kraft says the relationship is “perpetual.”
Continue reading The Coffee Wars: Starbucks Tries to Fire Kraft
The Coffee W…
Starbucks drew more customers to its stores and got them to spend more money, boosting its fiscal fourth-quarter profit 86% from the same quarter a year ago. Same-store sales grew 8% in that time.
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