New Chicago area stores to feature upscale menu, spirits and live entertainment. Starbucks plans to open up to seven stores featuring beer and wine in addition to coffee in the Chicago area by the end of 2012, the Chicago Tribune reported. The Seattle-based coffee giant has been testing a more community-oriented store concept to improve…
Starbucks Looks To Reinvent Juice Segment With Acquisition
After buying Evolution Fresh Inc., Starbucks vows to create a never before seen retail model as it introduces a new health and wellness business based around the juice brand. Starbucks Corp. has acquired the San Bernadino, Calif.-based juice business Evolution Fresh Inc. for $30 million as part of a larger effort to move beyond just…
Retailers Counting on COFFEE
Ten years ago, “experts” warned the coffee industry was becoming saturated; then they said it again five years ago and once more two years ago. Turns out they were wrong every time. There’s not a convenience store operator in America who doesn’t work at building coffee sales and expanding dayparts thanks to the category’s excellent…