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updated: Fri Jul 04, 2008 02:07 pm

Starbucks News

News on Starbucks continually updated from thousands of sources around the net.

6 hrs ago | Investopedia

Store Closings Won't Save Starbucks

On Tuesday Starbucks announced what once was considered unthinkable: it plans to close about 600 under-performing company stores, and open less than 200 in the coming year.

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Related Topix: Restaurant Management, Drink, Coffee

14 hrs ago | International Herald Tribune

Poor real estate decisions, not bad coffee, hurt Starbucks

Starbucks wants to get back to its roots to help turn around its ailing fortunes.

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Related Topix: Marketing, Seattle, WA, Restaurant Management, Business News

Thu Jul 03, 2008

The Spokesman-Review

Blanchette: Rich history, cheap price

Owner Clay Bennett happily reached a settlement and will take the SuperSonics to Oklahoma City.

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Related Topix: Restaurant Management, Seattle, WA, Downtown (Seattle, WA)

Detroit News

Starbucks plans to close 600 U.S. stores

Starbucks Corp. said Tuesday it will close 600 company-operated stores in the next year, up dramatically from its previous plan for 100 closures, a sign the coffee shop operator continues to struggle with the ...

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Related Topix: Restaurant Management, Auburn Hills, MI, Blog News

Arab Times

Americans in denial as Starbucks to shut 600 coffee shops

Drinkers of frothy lattes, European-style macchiatos and syrupy Frappuccinos across the United States were in denial Wednesday as Starbucks fell victim to the economic downturn and announced it was closing 600 ...

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Related Topix: Washington Heights, NY, Restaurant Management, Drink, Coffee

Wed Jul 02, 2008

Journal Gazette

Last-minute deal lets Sonics move to Oklahoma City

Clay Bennett finally found a dollar amount that would sever his contentious relationship with the city of Seattle - $75 million.

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Related Topix: Restaurant Management, Seattle, WA

CBC News

Photo gallery: Pride parades around the world

A man driving a bulldozer was shot dead after going on a rampage on a crowded Jerusalem street Wednesday, killing at least two people and wounding at least 20 when he plowed into a string of vehicles.

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Related Topix: Mongolia, Asia, World News

Kansas City InfoZine

Starbucks Increases Number of U.S. Company-operated Store Closures

Approximately 600 Underperforming Stores will be Closed as Company takes Significant Step toward Improving Long-Term Profitable Growth Seattle, WA - infoZine - Starbucks Corporation has announced the next step ...

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Related Topix: Restaurant Management

Denver Post

Bean counting: 600 Starbucks stores to close

KRT NEWS STORY SLUGGED: COFFEE KRT PHOTOGRAPH BY RAUL RUBIERA/MIAMI HERALD Haitian Bleu, a blend of Haitian coffee sold at Barnie's Coffee and Tea Company in Miami, Florida.

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Related Topix: Miami, FL, Downtown (Seattle, WA), Drink, Coffee, Restaurant Management

Tue Jul 01, 2008

Fox News

Starbucks to Close 600 U.S. Stores

When a business borrows money so it can reinvest it in hopes of getting a higher return, it's called leverage.

263 comments

Related Topix: Restaurant Management, Business News

Display & Design Ideas

Safeway Opens Upscale Store in Bellevue, Wash.

Pleasanton, Calif.-based Safeway Inc. unveiled an upscale store in downtown Bellevue, Wash., which is designed for an affluent clientele, according to the Seattle Post-Intelligencer . The Bellevue store ...

2 comments

Related Topix: Retail, Bellevue, WA, Safeway, Grocery, Seattle Metro, Restaurant Management

Gay news blog

Ex-Starbucks Employees Sue Coffee Giant for Discrimination

After supporting Seattle's Gay Pride Parade, sponsoring numerous events for gay-rights groups, and stirring up controversy in 2005 by printing a quote from gay novelist Armistead Maupin on its cups, Starbucks ...

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Related Topix: Drink, Coffee, Seattle, WA, Restaurant Management, Gay/Lesbian

Mon Jun 30, 2008

Starbucks Union

Global Day of Action Will Protest Starbucks' Anti-Union Terminations

Submitted by SWU on Mon, 06/30/2008 - 5:17pm. Contact: Cole Dorsey, IWW Starbucks Workers Union in Grand Rapids - 616-540-0243 Beltran Roca Martinez Secretary of Union Action, Local Federation of CNT - AIT ...

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Related Topix: Grand Rapids, MI, Grand Rapids Metro, Drink, Coffee, Restaurant Management

Sun Jun 29, 2008

Hispanic Business

Starbucks Sued by Former Employees

Two former employees are suing Starbucks Corp ., alleging they were fired for being gay.

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Related Topix: Restaurant Management, Gay/Lesbian

Sat Jun 28, 2008

Earth Times

Weyerhaeuser Wins Best of Show at NIRI Seattle's Investor Communications Awards Gala

The Seattle Chapter of the National Investor Relations Institute announced today that Weyerhaeuser ' s 2007 annual report won " Best of Show " at the 2008 Investor Communications Awards Gala held June 26.

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Related Topix: Biotech, Medicine, Healthcare Industry, Seattle Genetics, Restaurant Management

Fri Jun 27, 2008

Seattle Post-Intelligencer

'Elite' Safeway opens in Bellevue

Safeway opens a posh downtown Bellevue store Friday designed to cater to an affluent crowd with extras such as a nut bar, wine cellar, fireplace, sushi bar and -- of course -- a Starbucks.

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Related Topix: Restaurant Management, Seattle Metro, Bellevue, WA

Wed Jun 25, 2008

Hispanic Business

Will Starbucks and Cheesecake Factory team up?

Cheesecake Factory Inc. shares spiked on Tuesday after an analyst upgraded the stock and speculated on a partnership with Starbucks Corp.

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Related Topix: Investment Banking, Financial Services, Los Angeles Metro, Restaurant Management, Cheesecake Factory Incorporated The, Los Angeles, CA

CBC News

Former Starbucks US president Launi Skinner named president of 1-800-Got-Junk

Launi Skinner, former president of the Starbucks coffee chain's U.S. operations, has been named president and chief operating officer of Vancouver-based junk removal company 1-800-Got-Junk. Skinner resigned ...

2 comments

Related Topix: Drink, Coffee, Restaurant Management, Business News

Mon Jun 23, 2008

Blogging Stocks

Google tops reputation survey

Reputation surveys are usually beauty contests based on consumers' vague feelings about companies that they know or do business with.

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Related Topix: Google, Startups, Microsoft, Software, Restaurant Management

Sat Jun 21, 2008

Fool.com

M. Night Shyamalan Channels Starbucks

I got around to seeing M. Night Shyamalan's The Happening last night. I know. I came duly armed, fully aware that I was about to see a critical disappointment.

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Related Topix: M. Night Shyamalan, Unbreakable, Drama, Animation Movies, Short, The Village, Thriller, Mystery Movies, Restaurant Management

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