Tata Global Beverages on lookout for talent; MD says will need people to expand business

Tata Global Beverages -- the joint venture operator of Starbucks in India -- will soon be on the lookout for talent as the company embarks on business expansion.

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Starbucks, Anheuser-Busch to partner on bottled Teavana teas

Anheuser-Busch and Starbucks announced a deal on Thursday to produce, bottle, distribute and market Teavana ready-to-drink teas in the United States, with products expected to be available in the first half of next year.

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Chicago woman sues Starbucks for putting too much ice in drinks; seeks $5 mn in damages

A Chicago woman has sued Starbucks Corp in federal court, claiming the world's largest coffee chain puts too much ice in chilled drinks, and is seeking $5 million.

Starbucks launches its new campaign

Starbucks has launched its first locally conceptualised campaign – Welcome to Starbucks #MyMood #MyStarbucks, based on making consumers appreciate the need to make distinctive choices and thereby, create personalised experi

Starbucks to donate unsold meals to hungry

Coffee chain Starbucks is going to donate unsold meals, sandwiches and salads to hungry and needy people in the United States rather than throw them out.

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In symbolic move, Starbucks to open first shop in Italy

Starbucks says it plans to enter probably its most intimidating market yet: Italy. The coffee chain yesterday said that the first Starbucks will open in Milan in early 2017, in partnership with Italian developer Percassi.

Starbucks says aims to open 500 new stores in China in 2016

Starbucks Corp, the world's largest coffee chain, said on Tuesday it aims to open 500 stores in China this year, shrugging off a slowdown in the world's second-largest economy that has hit global retailers.

Starbucks steps up UK corporation tax payments

Coffee shop chain Starbucks paid 8 million pounds of corporation tax in 2014, it said Tuesday, a huge increase on previous years, after announcing a record profit in Britain.


Cautious on TGBL, target price Rs 150: Kotak

We discuss Starbucks JV’s FY2015 financial performance in this note.

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After Starbucks, McDonald’s store sparks row in China’s Zhejiang province

McDonald's has opened an outlet in a historical residence in east China's Zhejiang province, sparking a heated debate over whether such sites should be used for commercial purposes.

Starbucks cafe sales hot, but holiday forecast disappoints

Starbucks said on Thursday its holiday quarter that began Sept. 28 would be dented by the effect of the strong US dollar.


EU to rule Starbucks, Fiat tax deals illegal state aid: Sources

Starbucks and Fiat Chrysler Automobiles will be told next week that their tax deals breach EU state aid rules, three people familiar with the matter said on Thursday, as EU regulators seek to crack down on tax avoidance acros

Upgrade Tata Global Beverages to buy, target Rs 150

We ascribe 30/share to Tata Global Beverages' (TGBL) share of Starbucks JV; we see the Starbucks JV as a successful, value-creating venture in the medium term and our valuation is based on a long-term DCF model.

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Starbucks, Panera tweak pumpkin spice latte formulas

The pumpkin spice latte battle is heating up just in time for fall. Starbucks and Panera are hyping reformulated versions of the popular drinks - which will include real pumpkin - in a fight to win over fans of the beverage i

Woman sues Starbucks, claims was served poisonous coffee

A US woman has sued famous coffee company Starbucks for more than USD 2 million, claiming that she was served coffee which contained cleaning chemicals.

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Starbucks’ cafe sales hotter than expected, boost profit

Starbucks Corp reported higher quarterly profit on Thursday as new food, drinks and technology helped the world's biggest coffee chain attract more customers.


CCD lags peers in sales per outlet

Starbucks, which is present in India through a 50:50 joint venture with the Tata Group, has 64 outlets in the country.

Tata Starbucks suspends use of ingredients not approved by FSSAI

Tata Starbucks said it will use other FSSAI-approved ingredients that meet Starbucks global standards so as to enable it to continue offering its range of beverages.


FSSAI rejected items still sold in Starbucks outlet

Global coffee chain Starbucks, which operates its cafes in India in partnership with Tatas, continues to sell products rejected by central food safety regulator FSSAI after risk assessment.


Maggi noodles effect: Starbucks, Kellogg’s, Venky’s products on FSSAI blacklist

Food regulator gave state officials list of around 500 products that failed to get approvals, many of which were found to contain high levels heavy metals, caffeine and iron fillings, said sources.


Starbucks teams up with Indian-American journalist Rajiv Chandrasekaran for new venture

US-based coffee retail giant Starbucks is teaming up with long-time Indian-American journalist Rajiv Chandrasekaran to produce "constructive" films and TV shows...

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Concur partners with Starbucks

Concur, one of the world’s leading provider of spend management solutions and services has published an e-receipt solution in the Concur App Center for business travellers making purchases at Starbucks

Beacon of Hope

Beacons micro-location technology can identify a person’s presence using low powered Bluetooth emitters. Already brands such as Apple, Starbucks and Macys are using it to revolutionise in-store experiences

Starbucks says India success with Tata Global Beverages exceeds expectations

"India is our fastest growing new market in our history," says Starbucks' John Culver.

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