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…
Consumers will start to see prices rising at the stores — and soon, as the costs of commodities like cotton, sugar, and coffee are surging to record highs.
Continue reading Rising Cotton Prices May Mean Pricie…
The world’s largest coffee retailer said it plans to open 500 new locations – the highest planned store-opening rate since the 2008 fiscal year. And in the next two years, China will be Starbucks’ biggest growth market.
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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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