Market analyses and reports on the coffee and coffee machine markets
Opposed to what looked like hurtful media campaign against the brand’s announcement of hiring refugees, hasn’t done any practical damage – says Starbucks in a letter that shows market research from Kantar Millward Brown, firm that has been providing Brand Equity measurement for Starbucks since 2013 (Reuters and Fortune.com). As the coffee giant made the promise to hire 10,000 refugees
According to interfax.ru, Starbucks is launching a new format of coffee service in Russia. Ten Starbucks On the Go points will appear in Otkritie bank departments in Moscow by the end of March. The format of self-service Starbucks stations exists in many countries around the globe. You can buy on-the-go coffee at gas stations, supermarkets, airports, etc. A local movie
Starbucks introduces its Nitro Cold Brew coffee to the UK stores. At last the loyal customers of Starbucks will have opportunity to enjoy their favorite drink! Though the beverage was being sold in major cities across the US, UK residents had no chance to buy it. Fortunately from now on the iced coffee can be found also in the UK. So let’s
As Starbucks two-times CEO Howard Schultz plans to step down from his position this year, the company keeps on looking for new faces to be recruited for board seats. In the middle of January 2017 the company announced it had considered Microsoft chief executive Satya Nadella as one of Starbucks’ board members as reported by Fortune.com. To Starbucks, Nadella can
Starbucks new growth plans include increasing the number of its new upscale cafes around the world as reported by businessinsider.com. Starbucks’ new Reserve stores aim to capture the feeling of the Roastery and they will offer Princi’s food. Starbucks hasn’t revealed exactly what Princi items will be available at Reserve stores, but they have promised that pizza, sandwiches, and spirits will be
Congolese coffee beans are attracting the Specialty Coffee sector’s attention as reported by thelocalafricanews.com. As the specialty coffee sector sees growth, exporters, retailers and roasters keep looking for new grounds in hope to discover ever better tasting coffee beans. But discovering newer grounds also mean taking risks of entering world regions that have been politically unstable for several years now and
Starbucks Corporation’s financial results for its 13-week fiscal first quarter that ended on January 1, 2017, were announced 26th January 2017 by various sources like nasdaq.com, wallstanalyst.com and cnbc.com. Starbucks’ combined revenues showed a 7% growth with a $5.7 billion net amount as compared to the last year. Main increase in revenue came from the overall 2,163 newly opened stores
After President Trump’s temporary travel ban and suspension of America’ s refugee program, Starbucks CEO Howard Schultz announced he would hire 10,000 refugees over the next five years. According to ansa.it , Schultz said that recruitment would cover shops around the world, beginning with the United States, where priority will be given to immigrants “who served with US forces as interpreters or support
Starbucks has opened two additional shops in Medellín, reports Medelin Living. The shops are located in the Santafé mall in El Poblado and Oviedo mall in El Poblado. The shops were opened on December 14 and December 19 2016 respectively. This comes 4 months after it opened its first store in Medellín on September 1, 2016. According to the news
On December 1, 2016, Starbucks announced its new CEO, Kevin Johnson, who was before his appointment its chief operating officer. The new CEO who has also been on the Starbucks Board of Directors for 7 years, will take his responsibilities as president and chief executive officer on April 3, 2017. Howard Shultz, who is the present CEO will see his