June 19, 2013

Starbucks

Starbucks has sold more than 97,000 units of BeBe Winans' CD "My Christmas Prayer" since it became available at the coffee shop's North American locations on November 10.
Net revenues for the four-week period ended November 28 increased 26 percent; comps for the same period increased 13 percent.
Starbucks president and CEO Orin Smith will retire effective March 31, 2005. Smith, 62, will be succeeded by Jim Donald, president of Starbucks' North American business.
In selling more than 44,000 copies of Ray Charles’s Genius Loves Company album during the first week of sales, Starbucks stores outpaced sales at both traditional and mass-merchant record retailers.
As part of the agreement, the "Starbucks Hear Music" channel will debut this fall for XM Radio's more than 2.1 million subscribers.
The company says customers are invited to visit any U.S. or Canadian company-operated retail store to sample the new lighter blended coffee drinks.
Starbucks Coffee and Jim Beam Brands have reached an agreement to develop, manufacture, and market a Starbucks-branded premium coffee liqueur in the U.S.
Starbucks Coffee Company, through its Hear Music brand, has launched a "music delivery experience" that allows customers to burn CDs while they drink coffee.
New brands, an extended product portfolio, increased availability, and customer-focused innovation expected to improve Starbucks connection with operators.
Today Starbucks launches the Starbucks Card Duetto Visa, which blends Visa credit card functionality with the re-loadable Starbucks Card.
Seattle voters face the prospect of a tax on espresso and derivative drinks to help pay for children’s programs.
Starbucks has reached an agreement to buy Seattle Coffee Company from AFC Enterprises.
Starbucks plans to acquire its licensed operations in Switzerland and Austria from its partner, Bon appetite Group.
Starbucks, Bank One, and Visa U.S.A. have announced a strategic relationship to develop "innovative new consumer payment products that will enable Starbucks to enhance consumer convenience and reward customer loyalty."
First quarter earnings per share of $0.20 exceeds consensus estimate by $0.02. Targets for 2003 include opening at least 1,200 new stores and increasing total revenues by approximately 20 percent
Winners of the chain’s "Match Made Over Coffee" contest will receive an all-expenses paid trip for two to Europe.
Ten percent increase in same-store sales.
Net profit down 55 percent in first half of year for Japanese subsidiary.
Caffeinated growth: 11th consecutive year of comparable store sales growth of 5% or greater.
Same-store sales at company-owned stores up 10%.