China: Starbucks signs partnership with Tingyi Holding Corp
Starbucks has announced the signing of a partnership with Taiwanese food and beverage producer Tingyi Holding Corp to expand distribution of its products in China. Under the terms of the agreement, Tingyi, the second largest seller of drinks products in China, will manufacture and sell the Starbucks RTD portfolio in China and help the American […]
US: Starbucks launches new Evolution Fresh juices with organic chia
The Evolution Fresh brand line, part of the Starbucks group since 2011, has been expanded to include new varieties based on organic chia. The new Cold-Pressed Organic Splendid Carrot smoothie is said to feature carrots accented with a sweet citrus burst from orange and pineapple. Chia seed powder, cucumber, ginger and turmeric are said to […]
Colombia: Starbucks set to open first coffee shop
The American coffee company Starbucks has announced that it is opening its first coffee shop in Colombia. The opening, in the capital Bogota, makes Colombia the 62nd country where Starbucks operates. The outlet is be the first of 50 stores that the American company is planning to open until 2018 in Colombia, America Economia reports. […]
USA: Starbucks in talks to acquire stake in SodaStream
Global company Starbucks Corporation is said to be in advanced talks to acquire 10 percent of SodaStream International Ltd. The home carbonated beverage machine company reportedly has a value of $1.1. billion. Starbucks’ offer reflected a 30 per cent premium on the $850 million market price of SodaStream, it is ireported. According to Australian Food […]
Italy: speculation that Starbucks could enter the market in 2014
Starbucks may be planning to set up store openings in major Italian cities such as Milan, Rome, Venice, Rimini, Turin, Cagliari, Trento, Palermo and Aosta by the end of 2014, reports from the country indicate. Rumours have circulated ever since a press conference at which Starbucks chairman, president and chief executive officer Howard Schultz commented that […]
USA: Time to brew up at Starbucks “tea bar”
Signalling an intention to diversify beyond the confines of coffee, Starbucks has exploited its recent acquisition of tea retailer Teavana to launch its first “tea bar” in New York City. The coffee giant previewed its latest venture with a demonstration of the concept including handcrafted teas, loose leaf tea, and tea-inspired foods, as well as […]