The Seattle-based coffee juggernaut unveiled a five-year strategic plan that aims, among other things, to grow revenue by 10 percent and open approximately 12,000 new stores globally by 2021.
Starbucks CEO Howard Schultz announced Thursday he will step down from the position effective in April.
Ziegelmann, who was named GM in May, has been with Starbucks since 2010, where he started as VP of Finance, Global Marketing, Category and Strategic Pricing.
The joint venture with Coke will be Dunkin’ Donuts’ first venture into RTD coffee. The chain, publicly traded under Dunkin’ Brands, has long been a source of quick-served coffee and iced coffees on the go, and recently entered the cold brew coffee category itself.
The division of labor for the joint venture will see Starbucks “contribute Teavana’s tea expertise, industry-leading retail activation, and consumer engagement capabilities,” while Anheuser-Busch “leads production, bottling and distribution to retailers nationwide,” the companies revealed via press release.
Starbucks will initiate the rollout at select company-owned cafes nationwide and select grocery stores regionally in Western Washington, Western Oregon and Denver.
The four new Evolution Fresh juices will be available nationally this spring at select Whole Foods as well as natural and premium grocery stores.
On Tuesday Evolution Fresh announced its debut in Canada where its juices will be sold in 1,300 Starbucks cafes nationwide.
Starbucks relationship with PepsiCo began more than 20 years ago when the two companies formed the North American Coffee Partnership
Starbucks quietly announced its decision to shutter the Evolution Fresh store in San Francisco as part of a recent press release, one that focuses on the company plans to close its 23 La Boulange bakery cafés.
China is Starbucks fastest growing market outside the U.S. with more than 1,500 stores in nearly 90 cities, and more than 25,000 partners (employees).
Kevin Johnson has been a Starbucks board member since 2009, and will now take a central operating role effective March 1.
With the start of 2015 and an increasing number of people looking for ways to get vegetables into their diet[1], Evolution Fresh is offering four varieties of cold-pressed, high pressure processed (HPP) green juice that are made from more than a pound of green vegetables, have 10 grams of naturally occurring sugar or less per eight […]
Starbucks announced Tuesday that it will purchase the remaining 60.5 percent stake of Starbucks Coffee Japan Ltd that it doesn’t own for approximately $913.5 million, according to Reuters.
