PUERTO RICO – The Hispanic Federation, Nespresso, The Rockefeller Foundation, Starbucks, TechnoServe and World Coffee Research, have all made a commitment to support smallholder coffee farmers in Puerto Rico. The Hispanic Federation, together with actor Lin-Manuel Miranda and his family, have announced the launch of a five-year initiative to revitalize Puerto Rico’s coffee sector. According…
INDIA - Delhi based coffee firm SardarBuksh has agreed to change its name after the Delhi High Court ruled that its name rhymed with that of the American coffee company, Starbucks. SardarBuksh will run its business under the trademark Sardarji-Bakhsh, even though its logo, which like Starbuck's is a circle of green and black with…
SWITZERLAND - Nestlé and Starbucks Corporation have announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. According to Nestle, the two companies will work closely together on the existing Starbucks range of roast and ground coffee, whole…
USA – The American coffee company and coffeehouse chain Starbucks has released its new plant-based Starbucks Protein Blended Cold Brew on menus nationwide, for customers looking for a new way to refuel. According to the company, the new beverages are offered in Almond and Cacao and are available at participating Starbucks stores across the U.S…
CHINA - Starbucks Coffee Company, a multinational coffee company, and Alibaba Group Holding Ltd., a Chinese multinational e-commerce company, have announced a strategic “New Retail” partnership to expand market service. According to Starbucks, the partnership will enable a seamless Starbucks Experience and transform the coffee industry in China. Starbucks announced plans to pilot delivery services…
USA – Starbucks, an American coffee company and coffeehouse chain, will open its first Signing Store in the U.S. in Washington, D.C. this October, building upon ongoing efforts to connect with the diverse communities it serves. According to the company, the store will create a distinctive retail experience for all customers, while offering a unique…
INDIA - Tata Starbucks, a joint venture between the Tata Group and the American coffeehouse chain Starbucks has posted its first positive EBITDA after sales increased by 28%, almost doubling in the financial year 2018. According to ET Retail, improved sales were attributed to strong performance in in-store and new stores that were added this year.…
USA - The American coffee company, Starbucks Corp has said it will eliminate single-use plastic straws from its coffeehouses globally by 2020 and in return offer recyclable strawless lids and alternative-material straws, like paper or compostable plastic. The coffee chain which operates more than 28,000 coffeehouses is seeking to remove about 1 billion plastic straws…
USA – Starbucks Corporation, an American coffee company and coffeehouse chain, has announced that that Scott Maw, executive vice president and chief financial officer, is retiring effective Nov. 30, 2018. According to the company, it has already launched an external search for a new CFO. After his retirement, Maw will continue to support the transition in a…
USA - Starbucks Corp has raised prices for brewed coffee by an average of 1 to 2% in the past year and according to the company, it was in line with industry practices, reported ET Retail. Some of the products affected included a regular drip coffee whose price rose by 10 cents to 20 cents…
