Howard Schultz
Food Service
Teavana Oprah Chai Tea Debuts at Starbucks and Teavana Stores in US & Canada
Starbucks has launched Teavana Oprah Chai Tea in its US and Canada stores which it claims has been developed personally by Oprah Winfrey in close collaboration with Teavana’s tea teaologist. The blend is an infusion of cinnamon, ginger, cardamom...
Retail
Starbucks Reports Net Revenue of $4.2 bn in Q1, 2014
Starbucks Corporation has reported financial results for its 13-week fiscal first quarter ended December 29, 2013. Consolidated net revenues increased 12 percent to $4.2 billion in the first quarter of fiscal 2014, an increase of 12 percent over Q1...
Retail
Abhijeet Mitra, CEO, Ebony Gautier
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First job: Junior Sales Executive at Indian Communications Network Limited
Enduring memory from early career days: Selling 90-plus English typewrites worth Rs 50,000 each in a challenging and Hindi-dominated state. I achieved the highest zonal sales. This means that irrespective...
Retail
Starbucks profit climbs 34% on U.S. store traffic
Starbucks Corp. (SBUX), the world’s largest coffee-shop operator, said third-quarter profit rose 34 per cent as customer traffic increased in the U.S.Net income in the period ended July 3 climbed to $279.1 million, or 36 cents a share, from...
Retail
Starbucks reorganises business to drive global sales
Starbucks has unveiled a reorganisation of its global operations, as it moves ahead with plans to raise half of its revenues from outside the US.The US coffee giant, which currently gets 20 per cent of its revenues from overseas,...
Retail
Starbucks Q2 net revenues up 10 per cent
Starbucks, one of the world's largest coffee cafe chains, has posted a 10 per cent increase in net revenues at $2,785.7 mn for the second quarter ended April 3, 2011.The increase was driven primarily by a seven percent rise...
Retail
Starbucks celebrates 40 years in the coffee industry
Starbucks is celebrating 40 years of sourcing, roasting and serving the world's highest quality coffee this month by rolling out its new in-store look focusing on the iconic Siren, and a simultaneous global launch of handcrafted and artfully made...
Retail
Starbucks ties up with Tata Coffee; takes first step to enter India
Taking the first step towards entering the Indian market, US-based Starbucks, one of the largest coffeehouse chains in the world, has signed a non-binding memorandum of understanding (MoU) with Tata Coffee Ltd. The MoU will create avenues of collaboration...
Retail
Coffeehouse chain Starbucks expects $200 mn cost savings
International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official."We were not immune to the deepening...
Retail
Coffeehouse chain Starbucks expects $200 mn cost saving
International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official."We were not immune to the deepening...
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Retail and consumer sectors continue to lead in terms of M&A deal volume: PwC India
The overall M&A deal value during January - March 2024 soared by 60% to $ 19.6 billion in, while...
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