Starbucks

Bulgaria and Portugal Selected as New Territories for 2008 as the Region Lays Foundation for Continued Expansion Starbucks (NASDAQ:SBUX) announced today it will increase its already strong presence in Europe by opening coffeehouses in Bulgaria and Portugal next year as part of its strategy to develop business clusters within Europe, the Middle East and Africa. [...]

Starbucks Expands in Europe
 
Starbucks removing 600 jobs as part of restructuring Starbucks has revealed that they are now going to cut around 600 jobs from their operations as part of their restructuring exercise.The company has already announced that they are going to focus on expanding internationally.Starbucks also plan to close down loss making underperforming stores in the domestic market.Company [...]

Starbucks removing 600 jobs as part of restructuring
 
AT&T and Starbucks launch Wi-Fi services in storesAT&T and Starbucks have announced that they have now started providing Wi-Fi services powered by AT&T technology at their company-operated Starbucks stores. This expansion would continue through the rest of the year.The two companies have begun by providing the service in Starbucks stores in San Antonio.AT&T said that [...]

AT&T and Starbucks launch Wi-Fi services in stores
 
T-Mobile USA sues Starbucks for their deal with AT&TT-Mobile USA has announced that they are suing Starbucks over their deal with AT&T.T-Mobile claims that Starbucks went ahead and signed a deal with AT&T while they are still in an exclusive contract with them.The lawsuit has been filed in the New York state. They are asking [...]

T-Mobile USA sues Starbucks for their deal with AT&T
 
Starbucks to expand in Europe with 150 new storesStarbucks Corp is set to launch more stores in the European market for expansion.Wall street journal reported that the company is planning to set up 150 new locations in the United Kingdom, France and Germany over the next three years.These new stores would be established at airports [...]

Starbucks to expand in Europe with 150 new stores
 
Starbucks to cut around 12K jobs Starbucks Corp has announced that they are planning to close down around 500 underperforming stores. This would result in elimination of around 12,000 full and part-time positions. Starbucks said that this restructuring process would result in them taking charges of more than $325 million. Most of these stores would be closed by the [...]

Starbucks to cut around 12K jobs
 
Starbucks post losses for the first time since 1992 US based Starbucks has come out with their latest revenue report and the company has posted a loss for the first time since they went public. The company said that they would now close down more stores than open in the next financial year. This move was welcomed by [...]

Starbucks post losses for the first time since 1992
 
profit of 158 million to 6 million loss is huge deviation.
 
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