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Starbucks Promotes CFO to Group President

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SEATTLE — Starbucks has promoted Troy Alstead, the CFO and chief administrative officer, to CFO and group president, Global Business Services. “Under Troy’s leadership...

Starbucks, Danone to Launch Yogurt Line by 2014

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SEATTLE — Starbucks has partnered with Danone to develop a line of dairy products, which will fall under the chain’s Evolution Fresh brand. “Starbucks is...

Starbucks Acquires Coffee Farm in Costa Rica

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SEATTLE — Starbucks has purchased a 240-hectare Costa Rican farm, which will expand the company’s ethical sourcing program by providing a new farming research...

Starbucks Acquires Teavana

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SEATTLE — Starbucks is beefing up its tea profile with the acquisition of Teavana Holdings. “We believe the tea category is ripe for reinvention...

Starbucks to Acquire Bakery for $100 Million

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NEW YORK — Starbucks Corp. has announced plans to acquire San Francisco-based Bay Bread, LLC in a definitive agreement that would include the company’s...

Starbucks Appoints Former U.S. Secretary of Defense to Board

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SEATTLE — Starbucks Corporation has appointed Robert Gates, former U.S. Secretary of Defense, to the company’s Board of Directors. “We are honoured and humbled...

Starbucks Acquires Evolution Fresh

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SEATTLE — Starbucks Coffee Co. has announced the acquisition of the Calif.-based premium juice company Evolution Fresh Inc. “This is the first of many...

Week of Jan. 10, 2011

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  Wild Wing to Sue Buffalo Wild Wings Today, Aurora, Ont.-based Wild Wing Restaurants, operator of approximately 80 chicken wing units in Ontario...

Week of Dec. 13, 2010

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  Priszm Sells 232 Units for $46.4 Million Priszm Income Fund announced this morning, Dec. 13, that it is selling 232 restaurants in...

Week of Dec. 6, 2010

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  Industry Leaders Honoured at 2010 Pinnacle AwardsKostuch Publications Limited, publishers of the industry-leading magazines Foodservice and Hospitality and Hotelier, honoured the winners...