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Starbucks News (NASDAQ:SBUX)

DateTimeSource
Headline
05/23/20135:35PMZACKSDunkin' to Expand in North Carolina - Analyst Blog
Dunkin' Brands Group, Inc.’s (DNKN) subsidiary Dunkin’ Donuts is hiring efficient and experienced franchise partners to open new locations in different parts of North Carolina including Charlotte, Greensboro, Wilmington Raleigh-Durham, Wilmington and Winston-Salem. The company will be expanding in the state... More...>>
05/23/20133:46PMDJNTarget, Macy's and Others Sue Visa and MasterCard Over Fees
By Andrew R. Johnson Some of the country's biggest retailers sued Visa Inc. (V) and MasterCard Inc. (MA) Thursday, arguing the world's largest payment networks have imposed anticompetitive transaction-fee policies and card-acceptance rules on merchants. The lawsuit, brought by Target Corp. (TGT), Macy's Inc. (M), Saks... More...>>
05/22/201312:02PMDJNKohl's Nabs Starbucks Executive Michelle Gass as Chief Customer Officer
By Annie Gasparro Kohl's Corp. (KSS) is tapping Starbucks Corp. (SBUX) executive Michelle Gass, who helped orchestrate the brand's turnaround in the U.S. a few years ago and most recently was tasked with doing the same in Europe. Kohl's said Wednesday that Ms. Gass will be named its chief customer officer, a new position... More...>>
05/22/201311:50AMZACKSStarbucks Opens 10 Drive-Thru Stores - Analyst Blog
Starbucks Corporation’s (SBUX) popular coffee brand, Seattle’s Best Coffee, recently opened 10 new drive-thru cafes in the Dallas/Fort Worth area in a single day. Another four are due to be opened by late summer 2013. In addition to high-quality arabica coffee beverages, the drive-thru windows will also offer... More...>>
05/21/20134:07PMDJNUPDATE: Wal-Mart, Costco, Other Merchants Push Back Against Swipe-Fee Settlement
--19 merchants say they are objecting to and opting out of a pending settlement with Visa and MasterCard --Group says settlement strips merchants of their legal rights --Payments trade group says it is confident move will not prevent settlement from receiving final approval (Updated with National Retail Federation announcement... More...>>
05/21/20132:45PMDJNWal-Mart, Costco And Other Merchants Push Back Against Swipe-Fee Settlement
By Andrew R. Johnson A group of 19 large retailers including Wal-Mart Stores Inc. (WMT), Costco Wholesale Corp. (COST) and Starbucks Corp. (SBUX) are opting out of a pending class-action settlement with Visa Inc. (V) and MasterCard Inc. (MA), potentially setting the stage for more battles over transaction-processing fees... More...>>
05/20/20134:00PMBWKellogg School of Management Students Honor Starbucks Howard Schultz with Distinguished Leadership Award
The Kellogg School of Management at Northwestern University today will honor Howard Schultz, Starbucks Coffee Company (NASDAQ:SBUX) chairman, president and chief executive officer, with the 2013 Kellogg Award for Distinguished Leadership. Mr. Schultz was selected for the award by the Kellogg School student body in recognition... More...>>
05/20/20133:56PMDJNSeattle's Best Coffee Rebuilds Stand-Alone Shops in Post-Borders Era
By Annie Gasparro Starbucks Corp.'s (SBUX) Seattle's Best Coffee brand--once thought doomed when its biggest retailer, Borders bookstores, closed in 2011--is working on a comeback. The more value-oriented brand is hoping to rebuild its retail business, which was all but lost when Borders closed its roughly 400 stores that... More...>>
05/20/20131:01AMBWSeattle’s Best Coffee Ready to Open the Drive-Thru Windows of 10 New Locations in the Dallas/Fort Worth Metroplex on May 20
Dallas/Fort Worth area coffee drinkers, synchronize your alarm clocks: Seattle’s Best Coffee, a featured brand within Starbucks Corporation (NASDAQ:SBUX), announces the simultaneous opening of 10 drive-thrus throughout Dallas/Fort Worth at 4:30 a.m. on Mon., May 20. Seattle’s Best Coffee invites customers to start... More...>>
05/13/201310:00AMZACKSStarbucks' 52-Week High on GMCR Deal - Analyst Blog
Shares of coffee giant Starbucks Corporation (SBUX) reached a 52-week high of $63.19 on Friday, May 10, following its announcement of the expanded K-Cups distribution deal with specialty coffeemaker Green Mountain Coffee Roasters, Inc. (GMCR). The deal is expected to further strengthen Starbucks’ presence in the... More...>>
05/13/20139:30AMBWStarbucks Builds on Long-Standing Commitment to Investing in Communities Launching First Community Store in Asia
Starbucks Coffee Company (Nasdaq:SBUX) chairman, president, and ceo Howard Schultz, today inaugurated the first Starbucks community store outside of the United States, in the Langsuan neighborhood of Bangkok, Thailand. Schultz was in Bangkok celebrating 15 years in market with Starbucks partners (employees) and to officially... More...>>
05/10/20139:30AMBWStarbucks Honors Japanese Customers and Partners (Employees) with Historic Tribute Store
Starbucks Coffee Company (NASDAQ: SBUX) today reaffirmed its confidence in its Japan growth story, following a market visit by Howard Schultz, Starbucks chairman, president and ceo, where he met with Starbucks partners (employees) and customers. As Starbucks first international market outside of North America, Starbucks... More...>>
05/08/20137:30PMDJNUPDATE: Green Mountain Profit Up 42% on Stronger Sales, Margins
(Update adds comments from executives on conference call.) By Annie Gasparro and Tess Stynes Green Mountain Coffee Roasters Inc.'s (GMCR) fiscal second-quarter earnings rose 42% from stronger sales of its Keurig single-serve coffee packs and lower green coffee costs boosted margins. Green Mountain, known for its Keurig... More...>>
05/08/20137:00PMBWStarbucks to Present at Barclays and Sanford C. Bernstein Conferences
Starbucks Corporation (NASDAQ:SBUX) today announced the company will present at the Barclays Americas Select Franchise Conference in London at 7:30 a.m. local time on Wednesday, May 22, 2013, and the Sanford C. Bernstein Strategic Decisions Conference at 10:00 a.m. ET on Wednesday, May 29, 2013, in New York. A live webcast... More...>>
05/08/20135:40PMDJNStarbucks, Green Mountain Coffee Extend Beverage-Pod Pact
Starbucks Corp. (SBUX) and Green Mountain Coffee Roasters Inc. (GMCR) have extended for a minimum of five years their agreement to make and sell Starbucks- and Tazo-branded beverage pods for use in Green Mountain's Keurig single-serve brewing systems. The extension is a vindication of sorts for Green Mountain, which had... More...>>
05/08/20135:14PMDJNStarbucks, Green Mountain Coffee Extend Beverage-Pod Pact
By Julie Jargon Starbucks Corp. (SBUX) and Green Mountain Coffee Roasters Inc. (GMCR) have extended for a minimum of five years their agreement to make and sell Starbucks- and Tazo-branded beverage pods for use in Green Mountain's Keurig single-serve brewing systems. The extension is a vindication of sorts for Green Mountain... More...>>
05/08/20135:02PMDJNGreen Mountain 2nd-Quarter Profit Rose 42% On Stronger Sales, Margins
By Tess Stynes Green Mountain Coffee Roasters Inc.'s (GMCR) fiscal second-quarter earnings rose 42% as strong sales of its single-serve coffee packs used in its Keurig brewers drove revenue growth and margins strengthened amid more favorable green coffee costs. Separately Green Mountain and Starbucks Corp. (SBUX) agreed... More...>>
05/08/20134:00PMBWStarbucks and Green Mountain Coffee Roasters Enter Into Expanded, Long-Term Strategic Partnership
Starbucks Coffee Company (NASDAQ: SBUX), the world’s largest coffee retailer, and Green Mountain Coffee Roasters, Inc. (GMCR) (NASDAQ: GMCR), a leader in specialty coffee and coffeemakers, have signed an agreement that provides for the expansion of their successful partnership for the manufacturing, marketing, distribution, and... More...>>
05/07/201310:20AMZACKSPepsiCo Hikes Dividend, Yet Again - Analyst Blog
The board of directors of PepsiCo, Inc. (PEP) recently announced a 5.6% increase in the food and beverage giant’s dividend, its 41st hike in the quarterly-dividend rate. The annual dividend was increased to $2.27 per share from $2.15, resulting in an annual dividend yield of 2.7%. The new quarterly dividend of slightly... More...>>
05/03/20132:11PMDJNUPDATE: Kraft Cuts Gevalia Coffee Price 6% Due to Lower Costs
(Adds detail on arabica-coffee prices in 5th paragraph.) By Paul Ziobro Kraft Foods Group Inc. (KRFT) is cutting prices 6% on Gevalia coffee sold at supermarkets and other retailers due to the drop in green coffee costs, following a similar move by Starbucks Corp. (SBUX). Kraft's price cut goes into effect May 5, a few... More...>>


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