Coffee in Seattle

Starbucks Transitions Retail Business in South Korea to E-Mart and GIC

Retrieved on: 
Tuesday, July 27, 2021
Retail, Restaurant, Bar, Food, Beverage, Starbucks, Coffee in Seattle, Drinks, Food and drink, Seattle, Gic, Tata Starbucks, Starbucks, E-Mart, GIC, STARBUCKS, E-MART, GIC

In addition, Starbucks Coffee Company has agreed to sell its remaining ownership share of Starbucks Coffee Korea Co., Ltd. to an affiliate of GIC Private Limited, (GIC), Singapores sovereign wealth fund.

Key Points: 
  • In addition, Starbucks Coffee Company has agreed to sell its remaining ownership share of Starbucks Coffee Korea Co., Ltd. to an affiliate of GIC Private Limited, (GIC), Singapores sovereign wealth fund.
  • This will give GIC a 32.5% ownership stake in Starbucks Coffee Korea Co., Ltd.
    As Starbucks fifth largest market, South Korea continues to be an important market for Starbucks, said Michael Conway, group president, International and Channel Development.
  • As a long-term investor, GIC is confident that Starbucks Coffee Korea will play an important role in setting retail coffee trends and further driving industry growth in South Korea.
  • As with all of Starbucks licensed markets, the company will continue to maintain a strong relationship with Starbucks Coffee Korea, leveraging Starbucks key global success drivers to enhance the local Starbucks Experience for customers and partners in Korea.

Starbucks and Nestlé to Bring Ready-to-Drink Coffee Beverages to Southeast Asia, Oceania and Latin America

Retrieved on: 
Monday, July 26, 2021
Food, Beverage, Retail, Drinks, Food and drink, Coffee in Seattle, Starbucks, Coffee, Starbucks, Nestlé, STARBUCKS, NESTLé

Starbucks Corporation (NASDAQ: SBUX) and Nestl today announced a new collaboration to bring Starbucks Ready-to-Drink (RTD) coffee beverages to select markets across Southeast Asia, Oceania and Latin America.

Key Points: 
  • Starbucks Corporation (NASDAQ: SBUX) and Nestl today announced a new collaboration to bring Starbucks Ready-to-Drink (RTD) coffee beverages to select markets across Southeast Asia, Oceania and Latin America.
  • With its historical local footprint and exceptional execution capabilities, Nestl is an ideal partner to help us develop and offer tailored Starbucks coffee beverages in these regions, said Michael Conway, group president International and Channel Development, Starbucks.
  • Our partnership with Starbucks has confirmed Nestls leading position in the global coffee business, said David Rennie, Head of Nestl Coffee Brands.
  • Starbucks RTD coffee products are made with 100% of the finest arabica beans sourced from the worlds premier coffee growing regions.

Feeding America® and Starbucks Announce $1.7 million in New Equitable Food Access Grants to Support Communities Disproportionately Affected by Hunger

Retrieved on: 
Monday, July 26, 2021
Articles, Coffee in Seattle, Starbucks, Food bank, Food and drink, Food security, Poverty

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Key Points: 
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    Feeding America member food banks will use the equitable food access grants to engage their local communities to better understand the barriers to accessing food and will support new or expand existing interventions that can help overcome these obstacles.
  • "Feeding America is proud to partner with Starbucks as we co-create solutions that will help BIPOC communities access enough nutritious food and other resources for an active, healthy life."
  • Feeding America is a nationwide network of food banks that serves every community in the U.S.
  • Food banks receiving an equitable food access grant include the following:

Starbucks Announces Q3 Fiscal Year 2021 Results Conference Call

Retrieved on: 
Tuesday, July 13, 2021
Retail, Restaurant, Bar, Food, Beverage, Drinks, Food and drink, Coffee in Seattle, Starbucks, Coffee, Lluís Companys

Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2021 financial results after the market close on Tuesday, July 27, 2021, with a conference call to follow at 2:00 p.m. Pacific Time.

Key Points: 
  • Starbucks Corporation (Nasdaq: SBUX) plans to release its third quarter fiscal year 2021 financial results after the market close on Tuesday, July 27, 2021, with a conference call to follow at 2:00 p.m. Pacific Time.
  • The conference call will be webcast, including closed captioning, and can be accessed on the companys website: http://investor.starbucks.com .
  • A replay of the webcast will be available on the companys website until end of day, Friday, August 27, 2021.
  • Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee.

CrossFit Names Former Nike Executive Jason Dunlop as President

Retrieved on: 
Tuesday, July 6, 2021
CrossFit, Physical exercise, Coffee in Seattle, Waterstones, Starbucks, Retailers, Retailing

BOULDER, Colo., July 6, 2021 /PRNewswire/ --CrossFit LLC today announced the appointment of former Nike executive Jason Dunlop to the new role of President.

Key Points: 
  • BOULDER, Colo., July 6, 2021 /PRNewswire/ --CrossFit LLC today announced the appointment of former Nike executive Jason Dunlop to the new role of President.
  • Dunlop, a seasoned business leader who also held senior roles at Starbucks and The Gap, will help accelerate CrossFit's global growth.
  • "I'm thrilled to welcome Jason as my partner in leading CrossFit towards our goal of transforming 100 million lives," said Eric Roza, CEO of CrossFit.
  • In addition to Nike, Dunlop has also served in senior roles with Starbucks, Canada Goose,Waterstones, The Body Shop, Marks & Spencer, and The Gap.

Starbucks Declares Quarterly Cash Dividend

Retrieved on: 
Wednesday, June 23, 2021
Restaurant, Bar, Food, Beverage, Retail, Supermarket, Specialty, Drinks, Food and drink, Coffee in Seattle, Starbucks, Dividend, Coffee

Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock.

Key Points: 
  • Starbucks Corporation (NASDAQ: SBUX) today announced that its Board of Directors has approved a dividend of $0.45 per share of outstanding Common Stock.
  • The dividend will be payable in cash on August 27, 2021 to shareholders of record on August 12, 2021.
  • Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting high-quality arabica coffee.
  • Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup.

Starbucks Announces Leadership Promotions to Drive Continued Purpose-Driven Growth

Retrieved on: 
Tuesday, June 15, 2021
Retail, Specialty, Restaurant, Bar, Food, Beverage, Starbucks, Coffee in Seattle, Food and drink, Drinks, Seattle

Starbucks Corporation (NASDAQ: SBUX) today announced several leadership appointments to advance the company's strategic business goals and position Starbucks on a clear growth path for the future.

Key Points: 
  • Starbucks Corporation (NASDAQ: SBUX) today announced several leadership appointments to advance the company's strategic business goals and position Starbucks on a clear growth path for the future.
  • John Culver joined Starbucks in 2002 and has been at the forefront of the growth and expansion for the company across multiple geographies and cultures, leading Starbucks International for the last 15 years.
  • Michael Conway joined Starbucks in 2013 to lead Channel Development and, since that time, has gone on to lead Starbucks U.S.
  • Michelle Burns leads Starbucks Global Coffee, Tea and Cocoa with more than 26 years of experience at Starbucks.

Wings Expands Executive Team With Key New Hire

Retrieved on: 
Tuesday, June 15, 2021
Coffee in Seattle, Starbucks, Seattle, Drinks, Food and drink

BOSTON, June 15, 2021 /PRNewswire/ -- Wings , an emerging AI startup developing autonomous businesses for all, today announced the appointment of Jim McDermet as Executive Advisor.

Key Points: 
  • BOSTON, June 15, 2021 /PRNewswire/ -- Wings , an emerging AI startup developing autonomous businesses for all, today announced the appointment of Jim McDermet as Executive Advisor.
  • McDermet is investing in the company, and will advise in operations and overall strategies, while working with the executive team on expanding Wings' professional network in current and future markets.
  • Prior to his current board work and as a trusted advisor, McDermet was a senior leader at Starbucks Coffee Company.
  • "Haitham and the team at Wings are approaching this same work in an entirely new and transformational way, and I'm excited to be on this journey with them."

HMS Host Employees Complain to Starbucks About Understaffing

Retrieved on: 
Friday, June 11, 2021
Labor, Air, Transport, Public policy, Government, Food, Beverage, Transportation, State, Local, Retail, Travel, Starbucks, Coffee in Seattle, Drinks, Food and drink, Seattle

Yesterday, HMS Host workers at Starbucks locations at Phoenix Sky Harbor airport escalated a campaign to address understaffing by contacting Starbucks Corporation.

Key Points: 
  • Yesterday, HMS Host workers at Starbucks locations at Phoenix Sky Harbor airport escalated a campaign to address understaffing by contacting Starbucks Corporation.
  • The understaffing complaints come as air traffic and sales have returned from the pandemic downturn.
  • I hope the Starbucks corporation pushes HMS Host to staff up the way they should.
  • HMS Host and Starbucks back in February touted their partnership in airports to transform the travelers coffee shop experience.

Baldwin Richardson Foods Announces Cara J. Hughes Promoted to Vice President, Customer and Community

Retrieved on: 
Thursday, June 10, 2021
Business, Articles, Coffee in Seattle, Starbucks, Sales

CHICAGO, June 10, 2021 /PRNewswire/ -- Baldwin Richardson Foods (BRF) today announced that Cara J. Hughes has been named Vice President, Customer and Community, cementing the legacy of one of the largest African American family-owned businesses in the food industry.

Key Points: 
  • CHICAGO, June 10, 2021 /PRNewswire/ -- Baldwin Richardson Foods (BRF) today announced that Cara J. Hughes has been named Vice President, Customer and Community, cementing the legacy of one of the largest African American family-owned businesses in the food industry.
  • In addition to building and maintaining relationships with community organizations, Hughes will oversee Culinary Innovation, Customer Relations, Sales and Marketing to ensure customer expectations and revenue goals are continually met.
  • In recent years, Hughes' work as Senior Director of Sales, Marketing & Innovation has led to the company's rapid growth.
  • "It is truly an honor to congratulate Cara Hughes on her well-earned promotion toVice President, Customer and Community, at Baldwin Richardson Foods," said Jacquelyn Howard, VP of Direct Sourcing at Starbucks Coffee Company.