02 Nov Starbucks SA sold as Taste Holdings exits foodbev business
Taste Holdings announced on Friday Nov 1 that it is selling its Starbucks franchise business in South Africa for R7m.
Taste Holdings announced on Friday Nov 1 that it is selling its Starbucks franchise business in South Africa for R7m.
Nestlé has announced the launch of a new range of coffee products under the Starbucks brand to be available globally.
Starbucks, eager to make money well beyond the realm of coffee, is officially entering the soda wars. This northern hemisphere summer, the coffee shop’s baristas will offer a handcrafted carbonated beverage dubbed “Fizzio” in 3 000 US stores, as well as in Singapore, South Korea...
Putting the "bar" in barista, Starbucks has announced that it will be shifting from selling alcohol in a few select stores to unleashing it across the US.
...Starbucks has been ordered by an arbitor to pay Kraft’s former parent, Mondelez International, $2.23-billion in damages plus $527-million in prejudgment interest and attorneys’ fees after the coffee chain’s early termination of a grocery distribution deal.
...Last month Starbucks opened a Teavana tea bar in New York City, the first step towards creating a chain of restaurants that will complement its enormously successful coffee business. An important part of the offering is a new paper cup.
...Americans love their coffee. A decent cup of tea, however, has been harder to find, though that is about to change. Starbucks has just opened its first Teavana tea bar in New York City, and in the next five years aims to do for tea...
Coca-Cola has lost its crown as the world’s top brand, unseated by the iconic iPhone and iPad maker Apple. Coke’s has reigned as No 1 brand in marketing consultant, Interbrand’s annual brand rating report for 13 years since it began, and has now...
There are 670 calories in a venti Double Chocolaty Chip Frappuccino Blended Crème. The multibillion-dollar coffeehouse chain just announced that it will add calorie counts to US menus, staying a step ahead of the FDA.
...On November 14th Starbucks made it largest acquisition yet, buying Teavana, an Atlanta-based tea retailer, for $620m. This is not the firm’s first foray into the tea market — its stores sell tea, of course, and it bought Tazo, a tea manufacturer and distributor, back...
Starbucks has recently opened its first store in India, in central Mumbai (left). Days after the opening, Mumbaikars, mostly the young, were still queuing for up to an hour to grab their Frappuccinos. Elitist or not, it's not so much the coffee they want, but...
Like McDonald's, Coca-Cola, Unilever, Kraft and Nestle, Starbucks is a bell-weather company for the global food industry - and it was recently named as the "Number One World's Most Innovative Food Company" by Fast Company, the influential website that has as its premise: a global...