Starbucks new chief financial officer, Troy Alstead, will be paid a base salary of $450,000 plus a potential bonus of $225,000. He will receive stock…
By Melissa Allison
Seattle Times business reporter
Starbucks new chief financial officer, Troy Alstead, will be paid a base salary of $450,000 plus a potential bonus of $225,000. He will receive stock options worth $210,000 and life insurance
Original post by Robert
Starbucks is getting closer to Costco. While Starbucks is experiencing slower sales the chain has long sold its beans at Costco. Until recently Starbucks refused to offer discount cards despite requests made by Costco. This fall, however, Costco will begin selling five $20 Starbucks gift cards for $79.99, a savings it doesn’t offer to customers in its own stores. The members-only retailer expects
Original post by High Volume Sales Rep
Starbucks will be offering free coffee to those that exercise their right to vote on Election Day. Starbucks will be offering voters a free tall 12 ounce brewed coffee on November 4th.
Original post by High Volume Sales Rep
Starbucks and Krispy Kreme want to give you free coffee and doughnuts just for doing your civic duty, but California’s state law might get in the way.
Starbucks is offering a free cup of coffee on Tuesday to customers who say they voted. Likewise, Krispy Kreme will give customers a doughnut in the shape of a star, with red, white and blue sprinkles, to anyone showing the traditional “I Voted″
Original post by Robert
Howard Schultz says coffee chain has seen slight improvement in October. Also, Starbucks announces partnership with Red organization to eliminate AIDS in Africa.
By Melissa Allison
Seattle Times business reporter
Starbucks’ business may have bottomed in the fiscal quarter ended Sept. 30, chief executive Howard Schultz told reporters during the company’s leadership conference in New Orleans,
Original post by Robert
Phoenix Business Journal - by Puget Sound Business Journal
Starbucks Corp. said it will double its purchases of “fair trade-certified” coffee to 40 million pounds next year.
Officials at the Seattle coffee giant said it will be the largest purchaser of fair-trade coffee in the world.
The announcement was made in conjunction with Fairtrade Labeling Organizations International, which is a
Original post by Robert
Phoenix Business Journal - by Puget Sound Business Journal
Starbucks Corp. said it will double its purchases of “fair trade-certified†coffee to 40 million pounds next year.
Officials at the Seattle coffee giant said it will be the largest purchaser of fair-trade coffee in the world.
The announcement was made in conjunction with Fairtrade Labeling Organizations International, which is a
Original post by Robert
by: Jeffrey Wolf
LONDON – A U.K. newspaper is reporting that coffee-giant Starbucks wastes about 6 million gallons of water each day because stores are told to keep water running in their sinks.
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The Sun says the water is kept running as part of a company policy to keep utensils clean and wash away food.
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Original post by Robert
By LAUREN SHEPHERD
NEW YORK (AP) — Starbucks Corp. is facing another complaint from the National Labor Relations Board alleging that the gourmet coffee chain engaged in unfair labor practices by firing a barista in Michigan.
The complaint, filed last month by the Detroit office of the NLRB, stems from an investigation into a charge made by employee Cole Dorsey earlier this year.
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Original post by Robert
NEW YORK, Sept 28 (Reuters) - Starbucks Corp (SBUX.O: Quote, Profile, Research, Stock Buzz) shares could rise 20 percent to 30 percent within a year as the coffee chain overhauls its menu and slashes costs, Barron’s said in its Monday edition.
Chief Executive Howard Schultz is trying to re-energize the chain after a decade-and-a-half of rapid expansion led to its many stores stealing sales from
Original post by Robert