Starbucks

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Starbucks to Get First Sip of Russian Market

Legal hurdles cleared, coffee giant aims at other US brands

(Newser) - Starbucks will finally open its first Russian store next month, the Seattle Times reports, but the coffee giant will need a jolt of caffeine to achieve the brand recognition of Western rivals who've been in the market for years. Traditionally tea drinkers, Russians have warmed up to domestic coffee purveyors,...

Dunkin' Donuts Will Cut the Trans Fat

New oil won't clog arteries but will still make you fat

(Newser) - Dunkin' Donuts says it will eliminate nearly all trans fat from items on its menu by October 15—including the doughnuts. The chain will switch to a more heart-friendly blend of palm, soybean and cottonseed oils. But the company itself cautions consumers to keep the move  in perspective. "Certainly,...

Price Jump Could Ice Coffee Sales
Price Jump Could Ice Coffee Sales
Aug 1, 2007 5:26 PM CDT

Price Jump Could Ice Coffee Sales

With another price hike and competitors on its heels, will Starbucks stumble?

(Newser) - Starbucks recently hiked the cost of its coffee an average of 9¢ a cup—the seventh bump up since 1997. With a faltering stock price and learnings lagging after 15 years of solid growth, BusinessWeek wonders whether the premium coffee purveyor may have finally maxed out the market for the...

Starbucks Orders Up a Price Hike
Starbucks Orders Up
a Price Hike
Jul 23, 2007 6:34 PM CDT

Starbucks Orders Up a Price Hike

Second increase in 10 months averages an eye-opening 9 cents

(Newser) - With the cost of energy and dairy soaring, Starbucks will hike prices for the second time in less than a year at the end of the month. The 3% jump means an average 9-cent increase for coffees, lattes, and Frappuccinos, the AP reports. The hike applies to company-owned stores; licensed...

China Puts Lid on Macchiatos, Controversy

Beijing—respectfully—forbids Starbucks in Forbidden City

(Newser) - Starbucks has closed its outlet in Beijing's Forbidden City after seven years of controversy. The coffee shop had become a symbol for the intrusion of foreign culture in China's heritage, culminating in protests and government intervention. "It was a very congenial decision," a Starbucks official said. "We...

Forbidden City Gets Starbucks to Go
Forbidden City Gets Starbucks to Go
Jul 14, 2007 10:29 AM CDT

Forbidden City Gets Starbucks to Go

Chain 'respectfully' withdraws from historic site at heart of Beijing

(Newser) - Starbucks shuttered its store in Beijing’s Forbidden City yesterday, ending months of controversy over the American chain’s presence at the former imperial palace. The 600-year-old complex, one of the most popular tourist attractions in the world, is now a museum where the caffeine titan opened its doors in...

Small Towns to Chain Stores: Let Us Shop!

Little places lure big retailers at annual shopping convention

(Newser) - Small towns and exurbs are bending over backwards to woo national retail chains, Governing magazine reports from the International Council of Shopping Centers' convention. Phalanxes of city reps descend on the dizzingly massive—and cutthroat—annual spring conference in Vegas, attempting to raise their profile and land a Pottery Barn...

Billionaire's Club Welcomes New Members

The Forbes rich list is bigger—and even wealthier—than ever

(Newser) - The rich are getting richer, younger, and more geographically diverse, Forbes reports, with the number of billionaires up a whopping 19 percent, and their total worth up 35 percent to $3.5 trillion. Not only have billionaires been galloping away from the pack, they've been doing it earlier, bringing the...

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