Q: Could you give me some insight on the outlook of the barbecue industry? Is the industry stable? Is this a good time to invest in barbecue?
Tata Starbucks Limited, the 50/50 joint venture between Starbucks Coffee Company and Tata Global Beverages Limited, opened the doors to the first Starbucks store in India.
This flagship store is located at the historic Elphinstone Building, Horniman Circle, Mumbai, and marks the beginning of the iconic brand’s India journey.
In addition to the flagship store at Horniman Circle, Tata Starbucks Limited will launch two more stores in the next week at Oberoi Mall and the Taj Mahal Palace Annexe in Mumbai.
Starbucks Coffee Company kicked-off its three-day Global Leadership Conference in Houston, where the company will inspire nearly 10,000 store managers by investing in their development, connecting them with the company’s core values, and motivating them to deliver against Starbucks business aspirations.
Conference highlights include:
Q: How do you innovate in new areas while maintaining strong execution on your core business?
A: Three hundred industry leaders recently grappled with this question at the Women’s Foodservice Forum Executive Summit. Speakers and attendees shared insights on and challenges with achieving the right balance between innovation and core execution.
Breakfast is on a roll.
Even though most Americans prepare or eat their morning meals at home, an increasing number of them are opting for breakfast on the way to work, particularly at quick-service restaurant locations.
Nearly half of consumers visited a limited-service restaurant for their early meal last year, up from a third in 2009. So it’s no surprise that at least half a dozen quick serves launched breakfast dayparts in the past three years, while many others added new menu items.
Starbucks is the top quick-service restaurant brand with $87.4 million of Impact Media Value according to General Sentiment’s Q2 2012 QSR MediaMatch report.
McDonald’s ($39.4 million), Taco Bell ($38.7 million), Burger King ($37.4 million), and Chipotle ($29.5 million) round out the top five. The top six brands in the rankings have remained unchanged since the last report.
Starbucks Coffee Company, with its leading mobile payment platform, and Square, the company revolutionizing everyday transactions between buyers and sellers, announced a broad innovative partnership to bring the best possible payment experience to both sides of the Starbucks counter.
The partnership terms include:
Crumbs Bake Shop, the nation’s largest specialty cupcake retailer, announced that it has entered into an agreement with Starbucks Corporation to bring the full range of Starbucks brewed coffees, teas, and espresso-based drinks to all Crumbs locations.
Starbucks CEO Howard Schultz, during the company’s third quarter earnings call, told investors the quick serve was now in the process of rolling out French-baked food to U.S. stores. The new bakery selections will make their debut in the San Francisco Bay area. He described the move as one that would bring “the romance of the Italian espresso bar to many North American coffee consumers.” More locations will soon offer the expanded menu, he said.
Espresso beans and grapes are not a prevalent snack combination, but the growing trend toward coffee and wine bars proves they are indeed palatable as beverage complements.
Coffee and wine bars are spreading nationwide, from Bean & Bottle in the lobby of the Sonoma Resort in California to the Great Lakes Coffee Shop in Michigan and select Starbucks around the nation.