Starbucks says it may repurchase up to 25 million additional shares of its common stock. The plan reflects the Seattle based company’s strong cash flow and commitment to return value to shareholders. The move comes a day after Starbucks announced the acquisition of Teavana, which sells loose leaf teas, for $620 million.
Starbucks inaugurated its first store in India Friday in a historic building in southern Mumbai as the Seattle-based coffee giant seeks growth in a market long associated with tea drinkers.
The parent company of Tully’s Coffee is seeking Chapter 11 bankruptcy protection and is closing an unspecified number of its stores.
Facebook is rolling out a service called Gifts which, as its name suggests, lets users send chocolate, socks and other real-life presents to one another. Even Seattle-based Starbucks is letting Facebook users ‘Gift’ Starbucks cards!
The Seattle-based company says it will start selling its new single-serve brewer, the Verismo, online this week for $199. The machine, which can steam milk for lattes, will be rolled out in stores next month.
Coffee and a doughnut? Sometimes that’s just what hits the spot. And lucky for us, the Seattle area is filled with locally owned, gourmet doughnut shops that are getting some national attention.
If it looks like coffee, smells like coffee, goes well with coffee or is coffee you will find it at Coffee Fest, September 21 – 23. Everything under the sun that would be found in an upscale coffee shop on either side of the counter, including the counter would be found on the exhibition floor at Seattle’s Coffee Fest 2012.
The Northwest has bountiful supplies of apples in the fall, along with lots of other fruits and vegetables. Plus, we know our coffee, tea and chocolate. Come celebrate the best of the Northwest at one of these food festivals.
Whether its for yourself, your office or as a gift, supporting local Seattle coffee roasters is always a good idea. Here are some local roasting companies that know beans about beans!
Local Artists, Jewelers, Fabric Artists, Papercrafters, Collectors, Crafters and More are converging on the Maple Leaf neighborhood of Seattle for its first local Pop-Up Market on Sunday, August 19.