Retail news
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Starbucks launches instant coffee
- Posted:
- 04 March 2010 09:51
Starbucks' instant coffee brand, Via, will go on sale this week for the first time in the UK. The company hopes to take on the likes of Nescafé and Kenco following the launch, which Howard Shultz, Starbucks's chief executive, described as "perhaps the biggest opportunity" in the company's history.Starbucks said ...read more
Profits triple at Starbucks as US sales improve
- Posted:
- 25 January 2010 10:17
Starbucks has reversed two years of falling sales, tripling profit in its final quarter last year. Sales increased by 4% in the US, with profit up from $64.3 million to $241.5 million in the period to December 27th. UK sales rose by 3.9%, rising by 6% in the final six ...read more
Starbucks rolls out Fairtrade lattes and cappuccinos
- Posted:
- 02 September 2009 09:30
Starbucks has started serving 100% Fairtrade Certified and "Starbucks Shared Planet" verified coffee in all of their espresso-based beverages in the UK and Ireland. The move is expected to increase the amount of Fairtrade Certified coffee sold in the UK and Ireland by 18% this year.Harriet Lamb, executive director of ...read more
Starbucks experiments with new store format
- Posted:
- 24 July 2009 09:26
Starbucks has re-branded one of its US outlets, selling beer and wine alongside its usual offering. The new store, named "15th Avenue Coffee and Tea, inspired by Starbucks" appears to be part of an experiment to give outlets a more community-based feel, according to the Press Association.Anna Kim-Williams, spokeswoman for ...read more
Coffee Republic shares suspended as administration threatens
- Posted:
- 06 July 2009 09:17
Coffee Republic looks set for administration after its shares were suspended at the request of the business today, pending "clarification of the company's financial position".The chain was founded in 1995 by brother and sister Bobby and Sahar Hashemi but failed to reach profitability amidst large-scale expansion, which still failed to ...read more
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