updated: Thu Jul 12 2012 09:41:00
A funeral home in South Carolina plans to open a Starbucks within the facility. WSPA reports.
Short sellers -- investors who bet that specific stocks will go down in the near-term -- aren't always right. But when they do make the right call on a stock, they tend to really nail it.
Coffee may not technically be one of the key food groups. But you wouldn't know that by looking at shares of Starbucks. Can millions of caffeine-addicted java junkies ... like yours truly ... be wrong?
Starbucks chief executive officer Howard Schultz was paid more than $65 million in fiscal year 2011, including salary, bonuses and stock options.
Starbucks has come out in support of a bill that would make Washington the seventh state to legalize gay marriage. The company joins fellow Pacific Northwest-based firms including Microsoft and Nike in backing the bill, which also has support from Gov. Christine Gregoire and is close to passage in the state's House and Senate. Gregoire has previously called corporate support for the bill "courageous and appreciated." Starbucks said in a statement Tuesday that it was "proud to join other leading Northwest employers in support of Washington state legislation recognizing marriage equality for same-sex couples." "This important legislation is aligned with Starbucks' business practices and upholds our belief in the equal treatment of partners," the statement read.
Listen up, beer lovers -- you may soon be able to get your suds in grande form. At Starbucks. Starbucks said Monday that it would begin offering beer and wine at select locations in Atlanta and Southern California by the end of this year, to go along with several locations in the Chicago area that have previously been announced. Starbucks began the initiative in the Pacific Northwest in late 2010. "As our customers transition from work to home, many are looking for a warm and inviting place to unwind and connect with the people they care about," Clarice Turner, Starbucks' senior vice president for U.S. operations, said in a statement.
Starbucks' pricey coffee drinks just got even pricier, at least in two parts of the U.S.
Starbucks customers apparently are finding buying via mobile as addictive as the company's coffee.
A lot of new developments surround Starbucks. The coffee chain acquired juice maker Evolution Fresh for $30 million as part of a larger effort to diversify its revenue stream.
Look out Jamba Juice - here comes Starbucks
Starting Tuesday, Starbucks coffee drinkers can get their morning caffeine fix and help create jobs in small businesses across the country.
Starbucks Corp. unveiled a program Monday to help raise money to spur hiring among small businesses.
While the Greek government is running out of money and global central banks coordinate efforts to provide liquidity to troubled European financial institutions, there are an increasing number of U.S. stocks that are breaking out to new all-time highs.
Jonathan Stark's community-giving Starbucks Card is no more. At 10 p.m. ET Friday, Starbucks reluctantly pulled the plug on Stark's pay-it-forward social experiment following allegations of fraud or misuse.
Sam Odio, a serial entrepreneur who previously sold his photo startup Divvyshot to Facebook, has manipulated Jonathan Stark's now-famous communal Starbucks Card to transfer $625 of the balance to his own Starbucks Card.
Starbucks is facing its first worker strike in history.
A man accused of placing a hidden camera in the unisex bathroom of a Starbucks was found dead in a hotel room in Punta Gorda, Florida, on Sunday, police said.
Your caffeine kick is getting more expensive by the day.
U.S. stocks plunged into a deep sea of red on Thursday, as economic fears at home and political concerns in Saudi Arabia weighed heavily on investor sentiment.
Starbucks is celebrating its 40th anniversary this week with a new logo and lots of other fanfare.
Surging oil prices continued to rain on the stock market's parade at the start of the week. Add a lagging tech sector and Greece's latest debt woes to the mix, and Monday was a downer to say the least.
Used to be, when you grabbed breakfast on the go, it was a diet disaster: nothing but fat-and-calorie bombs like butter-soaked croissants and jumbo muffins. Now, it's much easier to do right by your body: Fast-food legends like McDonald's and IHOP, as well as newbies like Cosi and Panera Bread, offer surprisingly healthy options that are filling, light, and much easier on your arteries.
Starbucks said Tuesday that it will begin offering ground coffees for use in hotel room brewers as part of a plan to expand its presence in the "single-serve" market.
Starbucks confirmed Monday that it is planning to expand its presence in the market for premium single-serve coffee drinks, saying an official announcement could come in the near future.
This week, Starbucks unveiled a new mobile purchase system by integrating its mobile app with a barcode scanner at thousands of Starbucks and Target locations around the U.S., letting customers buy coffee with their smartphones.
Nearly 6,800 company-operated Starbucks stores in the U.S. will begin accepting mobile payments Wednesday.
Starbucks will offer a new plus-sized iced drink beginning this week.
Indians may have come a step closer to sipping venti Frappuccinos after Starbucks signed a deal Thursday with a coffee conglomerate in India, a previously untapped market.
Starbucks Corp. debuted a logo Wednesday that brings the iconic green Siren out of the circle and drops the words "Starbucks Coffee."
Starbucks may soon serve your morning coffee in a used paper cup that has been recycled into a new paper cup, as the coffee chain aims to ensure that 100% of its cups are reusable or recyclable by 2015.
Kraft Foods Inc. said Monday it is seeking arbitration in its battle with Starbucks Corp. as the coffee chain tries to end a deal under which Kraft distributes packaged Starbucks coffee to grocery stores.
After zooming from one end of the mall to the other, don't you deserve a quick bite? Of course.
Traders have sent shares of Green Mountain Coffee Roasters soaring by 15 percent since opening Monday. The bid-up amounts to a huge sigh of relief: late Friday, the company announced that it would restate nearly three years' worth of earnings downward. But the total amount of the restatement comes to just $5.8 million, and the company blamed accounting errors -- not malfeasance -- for its 11 quarters' worth of erroneous financial statements.
Starbucks has not only helped popularize coffee in China, it's also aiming to bring Chinese coffee to the world.
U.S. stocks wavered Friday but ended with slight gains, as investors digested a strong jobs report at the end of a week full of big economic news. All three major indexes closed at fresh two-year highs and the Dow and S&P logged their biggest weekly gains in more than two months.
Beginning today, Starbucks customers who use the free Wi-Fi at more than 6,800 U.S. company-operated stores will be greeted with the Starbucks Digital Network (SDN) -- an exclusive content network curated by the company and designed to enhance the customer's in-store experience.
If you thought the coffee at Starbucks was addictive, wait until you try the beer and wine.
Starbucks drinks, long considered symbols of Americans' penchant to overspend, are about to get even pricier.
Starting July 1, Starbucks will offer free Wi-Fi nationwide, with no registration or account required. Even better, Wi-Fi will not be time limited.
When Howard Schultz returned as CEO of Starbucks in January of 2008, he hadn't realized how bad things had gotten. With the company opening an eye-popping seven new stores a day at its peak, Starbucks' business model had spiraled out of control.
In an ever-evolving, increasingly crowded beverage market, Starbucks is waking up and smelling the coffee. The problem is it's not their house blend.
Starbucks bought Seattle's Best back in 2003, but a week or so ago most coffee drinkers didn't know the two brands were related. The company didn't need them to. For years, opening new Starbucks stores had been enough to drive tremendous growth without any help from its little sister.
Whether you're speaking the language of Wall Street or just plain English, you know the "bottom line" is what's supposed to matter most. And corporate America's bottom line, otherwise known as profit, is shaping up nicely.
There may not be a Starbucks on every corner any more, but Americans are finding their way back into the upscale coffee retailer's stores.
Starbucks is the coffee icon people either love or love to hate. The Seattle company opened its first shop in 1971, and all these years later, the coffee giant is still brewing up addictive drinks and venti-sized controversy across the globe.
Starbucks will serve shareholders a cash dividend for the first time ever, the coffee chain announced Wednesday.
The actress gives a man a $100 gift certificate after he saved her from a parking ticket
The debate over gun control is heating up at Starbucks.
Starbucks Corp.'s fiscal first-quarter profit soared and topped Wall Street's forecast Wednesday as the upscale coffee retailer boosted its outlook for 2010.
Starbucks is raising prices on certain drinks by as much as 35 cents in large U.S. markets and in Canada as part of what the coffee chain calls its "normal course of business."
updated: Wed Jan 06 2010 15:14:00
CNN's Patrick Oppmann gets a tour of a Seattle Starbucks store with a very different look.
There are over 15,000 Starbucks in the world but none like the one at 328 15th Avenue East in Seattle.
Starbucks unveiled a brand of instant coffee Tuesday that the high-end chain says "will change the way people drink coffee."
Starbucks is recalling about 530,000 coffee grinders because of a laceration hazard, a government agency said Tuesday.
A crude bomb made from a water bottle was used in an explosion that damaged a Starbucks coffee shop on New York's posh Upper East Side, New York police said.
An explosion outside a Starbucks on the Upper East Side of Manhattan sent frightened people running into the street early Monday.
Starbucks, home of the $4 latte, has introduced a new product to keep cash-strapped consumers sipping its brew.
Starbucks CEO Howard Schultz has been hyping a major announcement for weeks, hinting only that it would involve "innovation, competition, and value."
Starbucks, better known for amusingly complicated premium coffee offerings, took a cue from fast-food chains and announced a plan Monday to sell pairings of coffee and breakfast for $3.95, citing the economic downturn.
updated: Thu Feb 05 2009 13:03:00
CNN's Lola Ogunnaike reports on a former ad exec who now works at Starbucks after being fired from his job.
Starbucks Corp. said Wednesday its fiscal first-quarter profit and sales fell short of Wall Street's forecast. The high-end coffee chain also announced 6,700 new job cuts as a weak economy weighed on sales.
McDonald's new ad campaign is taking a non-too-subtle jab at Starbucks.
Starbucks reported weak quarterly earnings and slightly higher sales Monday, as American consumers cut back on the number of expensive coffee beverages they purchased.
Shares of Starbucks Corp. jumped 4% in after-hours trading after the high-end coffee chain forecast relief down the road from its current slump.
Starbucks has fallen on hard times lately. The company is closing stores, laying off thousands of workers and struggling to convince consumers during these uncertain economic times that its pricey lattes and frappuccinos are worth it.
Starbucks Corp., which already plans to shut 600 stores, said Tuesday it is also cutting almost 1,000 non-store jobs as part of its bid to re-energize the brand and boost its profit
Starbucks is closing more than two-thirds of its stores in Australia, days after announcing that hundreds of its American coffee outlets are also being shuttered.
updated: Tue Jul 29 2008 09:41:00
Starbucks says it's closing more than two-thirds of its Australian stores. CNN's Eunice Yoon reports.
Starbucks Corp. released a list Thursday of the 616 company-owned stores it will shutter by the first half of 2009.
The closing of 600 stores ends the coffee behemoth's boom era. But shutting its laggard outlets may pay off yet
In an effort to alleviate problems facing the company, Starbucks announced that it will close 600 company-run U.S. stores over the next year. Most of the stores are near another Starbucks and aren't profitable.
The company will close 600 underperforming stores over the next year, while opening fewer than 200 new company-operated stores
updated: Mon May 05 2008 02:50:00
From past to present, the history of Starbucks and its chairman Howard Schultz.
Time.com's office coffee addict takes a first sip of the new Pike Place Roast. And still longs for good old Sumatra
Ever heard of 'ecosystem services'? It's one of the most exciting concepts kicking around the corporate-environmental world these days.
Loyal customers get free extras, freshly ground coffee brewing in-house, fancy new espresso machines and more on the Starbucks revitalizing docket
Warning to Starbucks junkies who usually get a fix on their way home from work: You're out of luck on Tuesday.
Starbucks ratcheted down the number of new stores it plans to open this year and said it would close some U.S. locations as it reported a 2% rise in fiscal first-quarter earnings Wednesday.
McDonald's has begun serving up lattes and chai at its new McCafÉ, while Starbucks is now selling sausage, egg and cheese breakfasts. Is this a turf war?
Stocks turned lower Tuesday afternoon, continuing the abysmal start to the new year, as investors eyed a sharp jump in consumer credit and opted to give up an earlier rally attempt.
Stocks struggled higher Tuesday afternoon, as investors scooped up recently battered shares, but gains were limited by spiking oil and gas prices, more housing market woes and dour comments on the economic outlook from government officials.
Stocks erased early gains, turning lower near midday Tuesday, as investors mulled cautious comments from a pair of Fed officials about the economic outlook and more bad news for the housing sector.
Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world, with more than 6,000 retail locations in North America, Latin America, Europe, the Middle East and the Pacific Rim.
One of the most recognizable brands in the world. And the man who made it happen -- Howard Schultz. He took over Starbucks in 1987 with a vision of bringing Italian coffeehouse culture to the U.S. -- The Starbuck Experince, he called it.
Dear FSB: I want to start a coffee shop. Is this wise, given that there is a Starbucks on every corner? And where do I start? I don't know how to come up with the capital.
The fiercely carved dragon head on the prow of the boat glares over the water while 18 paddles churn rhythmically to the beat of a drum. It looks like a sight from ancient China, but the bizarre vessel is crossing Seattle's Lake Washington, powered by some very contemporary Starbucks employees. They're in training, hoping to repeat their gold-medal performance at Vancouver's Alcan Dragon Boat Festival next year.
updated: Tue Oct 02 2007 10:33:00
Economist Charles Dumas discusses the various Asian markets and which might be the best to invest in.
A lawsuit filed on behalf of 900 Starbucks Corp. store managers who say they are glorified baristas and should be eligible for overtime came one step closer to trial Friday.
Despite the housing, mortgage and credit threats, Starbucks' legions of loyal customers are still lapping up its pricey lattes, company executives said Wednesday. However, the coffee chain's business is proving to be less resilient to rising dairy costs.
Starbucks Corp. on Wednesday posted third-quarter profit and sales that met Wall Street's estimates.
As dairy prices rise, forcing Starbucks customers to shell out more for a grande decaf no-whip mocha, some small coffee stores are finding a way to outbrew the cappuccino king.
Starbucks Corp. said Monday it was delaying a plan to begin opening coffee shops in India later this year. It did not give a reason for the postponement.
Watch out Starbucks. McDonald's is eager to steal customers of your pricey frothy lattes.
A controversial Starbucks coffee shop in the Forbidden City, the former imperial palace at the heart of Beijing, has closed its doors after years of opposition.
Despite the ubiquity of Starbucks, only about one out of six Americans drink specialty coffee on a daily basis, according to the National Coffee Association. To Patrick O'Dea, that smells like opportunity. For the past five years, the former Pringles salesman has run Peet's Coffee & Tea, a brand revered by coffee snobs but unknown in large swaths of the country.
NEW ISSUE OF FORTUNE: You know what? This generation of twenty-somethings really is different. You know why? Because they are the first generation raised by baby boomers - what we call helicopter parents (you know, always hovering!) This generation of kids has been coddled and tutored and loved too much since they was babies. All right so how do they (maybe YOU!) fit into the workplace? Someone's going to have to change. Guess who? That's Rii-ight! Their parents/bosses. The baby-boomers. This is the cool cover story written by Nadira Hira in your latest issue of Fortune. Oh, one other thing: it's a great read too!
Starbucks said Wednesday today it signed on former Beatle Paul McCartney as the first artist to its new record label Hear Music.
Coffee chain Starbucks Chairman Howard Schultz told shareholders Wednesday that he was disappointed with the company's sluggish stock performance and that he wasn't embarrassed about what he wrote in the "leaked" memo.
When Dr. Evil plotted to take over the world in 1999's Austin Powers sequel, his headquarters was the Seattle Space Needle emblazoned with a Starbucks logo. As a symbol of global domination, the im...
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