Content about Starbucks Corp.

September 11, 2014

Starbucks Corp. is reportedly considering changing its policy that forbids visible tattoos on baristas. According to CNNMoney, more than 21,000 employees have signed an online petition asking Starbucks to allow baristas in its stores to display visible, non-offensive tattoos.

Seattle — Starbucks Corp. is reportedly considering changing its policy that forbids visible tattoos on baristas. According to CNNMoney, more than 21,000 employees have signed an online petition asking Starbucks to allow baristas in its stores to display visible, non-offensive tattoos.

September 11, 2014

Starbucks Corp. is reportedly considering changing its policy that forbids visible tattoos on baristas.

Seattle – Starbucks Corp. is reportedly considering changing its policy that forbids visible tattoos on baristas. According to CNNMoney, more than 21,000 employees have signed an online petition asking Starbucks to allow baristas in its stores to display visible, non-offensive tattoos.

August 15, 2014

Starbucks Corp. is reportedly changing its scheduling rules to prevent employees from having to work an opening shift after a closing shift the previous evening.

Seattle – Starbucks Corp. is reportedly changing its scheduling rules to prevent employees from having to work an opening shift after a closing shift the previous evening. According to Bloomberg, Starbucks is altering its scheduling policy following a report in the New York Times about a Starbucks barista who had difficulty managing her schedule with her childcare needs.

June 20, 2014

Starbucks Corp. has opened its first company-operated store at Walt Disney World Resort, a nearly 4,000-sq.-ft. site at Downtown Disney West Side in Orlando, Florida.

Starbucks Corp. has opened its first company-operated store at Walt Disney World Resort, a nearly 4,000-sq.-ft. site at Downtown Disney West Side in Orlando, Florida.

June 16, 2014

Starbucks Corp. is launching an innovative program in partnership with Arizona State University (ASU) whereby the coffee giant will help pay for the cost of an online degree for its part-time and full-time associates who work at least 20 hours a week.

New York -- Starbucks Corp. is launching an innovative program in partnership with Arizona State University (ASU) whereby the coffee giant will help pay for the cost of an online degree for its part-time and full-time associates who work at least 20 hours a week. In a twist from the standard tuition reimbursement program, Starbucks employees who participate in the program will not be obligated to stay on with the company after graduation.

June 3, 2014

In collaboration with Disney, Starbucks Corp. has opened its first company-operated store at Walt Disney World Resort near Orlando, Florida, a nearly 4,000-sq.-ft. location at Downtown Disney West Side.

Seattle -- In collaboration with Disney, Starbucks Corp. has opened its first company-operated store at Walt Disney World Resort near Orlando, Florida, a nearly 4,000-sq.-ft. location at Downtown Disney West Side. This past March, Disney opened its first company-operated café at Downtown Disney, Anaheim, California

May 27, 2014

Starbucks Corp. plans to bring its La Boulange Bakery café chain to Los Angeles, opening a location with extensive food offerings.

New York -- Starbucks Corp. plans to bring its La Boulange Bakery café chain to Los Angeles, opening a location with extensive food offerings. The eatery is scheduled to open June 11, and will also serve beer, wine, cocktails as well as milkshakes, the Associated Press reported.

April 23, 2014

Starbucks Corp. has filed building permits to open a La Boulange bakery location in Los Angeles.

Seattle – Starbucks Corp. has filed building permits to open a La Boulange bakery location in Los Angeles. The permits do not specify a time when Starbucks plans to open the new store.

Starbucks purchased the La Boulange chain in 2012 and currently sells La Boulange-branded baked goods in U.S. Starbucks outlets. However, while there are 22 La Boulange stores in San Francisco, this would be the first location outside that market. Starbucks has previously said it wants to expand La Boulange nationally.

 

April 16, 2014

Starbucks Corp. plans to move its European headquarters to London, from its current base in Amsterdam, Netherlands.

Seattle – Starbucks Corp. plans to move its European headquarters to London, from its current base in Amsterdam, Netherlands. The move will both concentrate some executives in the U.K., including some transferred from the Amsterdam office, and also increase the tax Starbucks pays in the U.K.

Starbucks paid an estimated $16.8 million in U.K. taxes during 2013 and has said it expects to pay the same amount in 2014. The company has received criticism in the U.K. for allegedly using complex accounting procedures to minimize the tax it pays there.

January 24, 2014

Starbucks Corporation’s profit in the first quarter rose 25% to $540.7 million from $432 million in the year-ago period, better than analysts expected.

Seattle – Starbucks Corporation’s profit in the first quarter rose 25% to $540.7 million from $432 million in the year-ago period, better than analysts expected.

Revenue for the quarter ended Dec. 29, 2013 rose 12% to $4.24 billion from $3.79 billion. Same-store sales rose 5%, beneath Wall Street expectations of 5.9%.

Same-store sales in the Americas region also rose 5%, while analysts had expected a 6.4% increase.

October 25, 2013

Starbucks Corp. unveiled its new retail format, Teavana Fine Teas + Tea Bar, with the debut location opening on Manhattan's East Side.

Starbucks Corp. unveiled its new retail format, Teavana Fine Teas + Tea Bar, with the debut location opening on Manhattan's  East Side. The store features a wide variety of hot brewed and iced teas, tea fusion beverages and  tea-related merchandise. It also offers a range of food items, from salads to flatbreads to pastries and other baked goods, with a bakery-like presentations.

October 23, 2013

Starbucks Corp. unveiled its newest retail format, Teavana Fine Teas + Tea Bar, with the first location opening on the Upper East Side of Manhattan.

New York -- Starbucks Corp. unveiled its newest retail format, Teavana Fine Teas + Tea Bar, with the first location opening on the Upper East Side of Manhattan. Starbucks purchased the 300-store Teavana Holdings last year as part of its ongoing efforts to diversify and push beyond its signature beverage.  
  

September 26, 2013

Starbucks Corporation has reportedly applied to trademark the term “Fizzio.”

Seattle – Starbucks Corporation has reportedly applied to trademark the term “Fizzio.” According to the Associated Press, the trademark would cover beverage-making machines as well as beverages, including soft drinks.

A Starbucks spokesperson is quoted as saying the filing with the U.S. Patent and Trademark Office is related to tests of flavored sodas and other carbonated beverages in the Austin, Texas, and Atlanta markets the retailer has been running since June, which so far have been successful.

September 18, 2013

Starbucks Corporation is requesting that customers no longer bring guns onto its property, either inside or outside its stores — even in states where “open carry” laws permit them to do so — with the exclusion of law enforcement personnel.

Seattle -- Starbucks Corporation is requesting that customers no longer bring guns onto its property, either inside or outside its stores — even in states where “open carry” laws permit them to do so — with the exclusion of law enforcement personnel.

Company founder, chairman and CEO Howard Schultz made the request in an open letter posted under his name on the Starbucks website. The company plans to buy ad space in major national newspapers to run the letter.

September 17, 2013

Starbucks Corp. said that Troy Alstead, CFO and chief administrative officer, has been promoted to CFO and group president, Global Business Services.

Seattle -- Starbucks Corp. said that Troy Alstead, CFO and chief administrative officer, has been promoted to CFO and group president, Global Business Services.

Alstead’s promotion is a recognition of the increasing responsibility and complexity of his role overseeing Starbucks global financial, technology and supply chain operations and ensuring that the company’s overall business infrastructure is optimized to support the company’s global growth.

July 26, 2013

Starbucks Corp. reported strong results for third quarter fiscal 2013, with net revenues, same-store sales and operating income all increasing substantially from the same quarter a year earlier.

Seattle — Starbucks Corp. reported strong results for third quarter fiscal 2013, with net revenues, same-store sales and operating income all increasing substantially from the same quarter a year earlier.

Net earnings grew 25%, from $333.1 million to $417.8 million.

Net revenues totaled about $3.7 billion, up 13% from $3.3 billion. Same-store sales increased 8% globally, driven by 9% growth in U.S. stores.

January 28, 2013

Starbucks Corp. is expanding its drive-thru format, the chain said in its first-quarter earnings call.

New York -- Starbucks Corp. is expanding its drive-thru format, the chain said in its first-quarter earnings call. According to company officials, more than half of the approximate 1,500 new locations it plans to open in the United States during the next five years will be drive-thrus.

Starbucks plans to remodel about 1,400 U.S. locations in 2013. Roughly 500 of those locations will receive a major overhaul.

January 24, 2013

Starbucks Corp. said its profit rose in its first quarter as customers spent more at its stores in the United States and Asia.

Seattle -- Starbucks Corp. said its profit rose in its first quarter as customers spent more at its stores in the United States and Asia.

Starbucks earned $432.2 million in the quarter ended December 30, 2012, compared with $382.1 million in the year-ago period.

Revenue rose 11% to $3.8 billion, slightly below expectations.

The company reported that global same-store sales rose 6%. In Europe, the metric fell 1%. Americas’ comparable store sales grew 7%. Same-store sales in the China/Asia Pacific region grew 11%.

May 18, 2012

Starbucks Corp. announced a series of management changes that it said it was undertaking to accelerate its innovation and growth.

Seattle -- Starbucks Corp. announced a series of management changes that it said it was undertaking to accelerate its innovation and growth. The changes come after Starbucks missed its global sales forecasts in April, mainly due to a downturn in Europe.

The company named Craig Russell, the senior VP U.S. Store Services, as senior VP of the Global Coffee division.

April 27, 2012

Starbucks Corp.’s net income surged a better-than-expected 18% in its fiscal second quarter, as its store traffic increased in most parts of the world.

Seattle -- Starbucks Corp.’s net income surged a better-than-expected 18% in its fiscal second quarter, as its store traffic increased in most parts of the world. The coffee giant also raised its forecast for the year on the results and said it was accelerating its growth.

For the three months ended April 1, the company earned $309.9 million, compared with a profit of $261.6 million in the year-ago quarter. Revenue rose to $3.2 billion, up from $2.79 billion a year ago. Same-store sales increased 7%.

March 19, 2012

Starbucks Corp. opened its first-ever juice bar under its newest brand, Evolution Fresh.

Seattle -- Starbucks Corp. opened its first-ever juice bar under its newest brand, Evolution Fresh. The shop, which also features wraps, soups, salads and vegetarian items, is located in Bellevue, Wash.

Starbucks purchased the Evolution Fresh juice brand in November 2011 for $30 million. The coffee giant plans to roll out Evolution Fresh juices to its coffee shops later this year.

January 27, 2012

Starbucks Corp. reported that its fiscal first-quarter profit rose 10% for the quarter ended Jan. 1, 2012.

Seattle -- Starbucks Corp. reported that its fiscal first-quarter profit rose 10% for the quarter ended Jan. 1, 2012. But the company issued a modest forecast for the year that was slightly below Wall Street expectation, citing ongoing struggles with higher costs for coffee beans, dairy products and other ingredients.

January 19, 2012

Starbucks Corp. is closing in on its retail deal with India’s Tata Coffee Ltd., which makes and exports instant coffee and plantation coffee, Reuters reported.

New York City -- Starbucks Corp. is closing in on its retail deal with India’s Tata Coffee Ltd., which makes and exports instant coffee and plantation coffee, Reuters reported.

Tata Coffee plans to open a Starbucks coffee shop by the end of this year, the report said.

November 10, 2011

Starbucks Corp. announced plans to reinvent the $1.6 billion premium juice market with its all-cash purchase of San Bernadino, Calif.-based Evolution Fresh for $30 million.

Seattle -- Starbucks Corp. announced Thursday plans to reinvent the $1.6 billion premium juice market with its all-cash purchase of San Bernadino, Calif.-based Evolution Fresh for $30 million.

The acquisition, which is part of a strategy to move beyond coffee into the health and wellness segment, gives Starbucks a path to open new health-and-wellness stores in the coming year, it said, although Starbucks has not yet revealed many stores it will open, their location or the name.

November 4, 2011

Starbucks Corp.’s fiscal fourth-quarter profit jumped nearly 29%, beating Wall Street estimates on strong sales around the globe.

Seattle -- Starbucks Corp.’s fiscal fourth-quarter profit jumped nearly 29%, beating Wall Street estimates on strong sales around the globe. The company earned $358.5 million in the quarter, up from $278.9 million last year. Revenue rose 7% to $3 billion, with some benefit from foreign exchange rates. Same-store sales increased 9%, with a 10% rise in the United States.