Starbucks Corporation (NASDAQ:SBUX) has plans to open 1,000 more US stores within five years.

Starbucks Planning Huge US Expansion

Howard Schultz, chief executive officer of Starbucks Corporation (NASDAQ:SBUX), said that his company plans to expand its US business by adding 1,000 new stores within five years.

Each store will have 20 workers.

The coffee retailer has 17,400 stores worldwide including around 10,800 in US. He also said that he has no plans to retire from his position.

Starbucks Corporation (NASDAQ:SBUX) plans to open its first Indian store this month and to add 1,500 stores in China by 2015 to boost its profit. It now offers juice, energy drinks and better food to attract more customers.

Starbucks Corporation (NASDAQ:SBUX) stocks are currently standing at 49.10.

Price History
Last Price: 49.10
52 Week Low / High: 37.69 / 62
50 Day Moving Average: 48.66
6 Month Price Change %: -13.1%
12 Month Price Change %: 32.9%

Starbucks Corporation (NASDAQ:SBUX) has sold out its Verismo single-serve coffee-maker.

Starbucks Coffee Machine Sells Out

The coffee retailer Starbucks Corporation (NASDAQ:SBUX) has announced that the sale of its Verismo single-serve coffee brewer exceeded its expectations, and that the initial sale surpassed forecasts.

The brewer is being sold through Starbucks Corporation (NASDAQ:SBUX) website and Williams-Sonoma Inc.

The machine is priced at $199, and will be available through its US stores starting from October 16.

Alias Martinez, a Starbucks Corporation (NASDAQ:SBUX) spokeswoman said, “It’s really exceeded our expectations. Some of the machines are on back order and they should be in today. Starbucks won’t have trouble getting enough Verismo inventory for the holiday season. We have a good understanding of the demand that we’re going to be seeing”.

Starbucks Corporation (NASDAQ:SBUX) shares were at 50.10 at the end of the last day’s trading. There’s been a -6.4% change in the stock price over the past 3 months.

Starbucks Corporation (NASDAQ:SBUX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 12 out of 47 in the industry

Starbucks Corporation (NASDAQ:SBUX) has opened its first-ever pop-up store in Tokyo.

Starbucks Opens Tokyo Pop-Up

The US coffee retailer Starbucks Corporation (NASDAQ:SBUX) has opened its first ever pop-up store in Tokyo, Japan. There will be only nine simple, espresso-based drinks including white mocha, soy latte, Double Short Classic Latte, Double Short Classic Cuppuccino and two new limited time drinks.

Ordering the drinks is quite different from usual, however.

Customers have to present a book representing the drink to the register and they will get the book as a memento.

Norio Adachi, head of corporate affairs at Starbucks Corporation (NASDAQ:SBUX), said, “We are trying to get back to basics. More so than attracting new customers, we’re aiming to strengthen communication with our core customers”.

Starbucks Corporation (NASDAQ:SBUX) company shares are currently standing at 50.46.

Price History
Last Price: 50.46
52 Week Low / High: 35.12 / 62
50 Day Moving Average: 49.23
6 Month Price Change %: -5.2%
12 Month Price Change %: 29.2%

Starbucks Corporation (NASDAQ:SBUX) is set to open an Evolution Fresh Factory in California.

Starbucks To Open Huge Juice Factory

The coffee retailer Starbucks Corporation (NASDAQ:SBUX) will open a new 260,000 square-foot factory for its Evolution Fresh juice business in Rancho Cucamonga, California.

It expects to open the new factory next year to expand the production and distribution capacity of the Evolution Fresh bottled drinks.

The company will move its current San Bernardino facility to the new factory, with the present 120 employees to be offered positions in the new plant along with 40 new hires.

Starbucks Corporation (NASDAQ:SBUX)’s president of channel development Jeff Hansberry said, “This will allow us to go further, faster with Evolution Fresh juices”.

Starbucks Corporation (NASDAQ:SBUX) stocks are currently standing at 48.10.

Price History
Last Price: 48.10
52 Week Low / High: 34.14 / 62
50 Day Moving Average: 50.88
6 Month Price Change %: -5.5%
12 Month Price Change %: 20.9%

Starbucks Corporation (NASDAQ:SBUX) is set to open three more Evolution Fresh Juice stores.

Starbucks To Expand Juice Chain

The coffee retailer Starbucks Corporation (NASDAQ:SBUX) is expanding its fresh juice business by opening three new Evolution Fresh Juice Inc. stores.

The company purchased the Evolution Fresh band last year and opened its first store in Bellevue, Washington.

It will open its second juice store in downtown Seattle on Friday.

The other two stores in Seattle and San Francisco will open this fall, and it is also expanding the distribution of its ready-to-drink Evolution juice bottles in supermarkets and other stores.

Starbucks Corporation (NASDAQ:SBUX)’s president of global development Arthur Rubinfeld said, “It’s clearly part of the American lifestyle at this point”.

Starbucks Corporation (NASDAQ:SBUX) stocks are currently standing at 54.20.

Price History
Last Price: 54.20
52 Week Low / High: 33.72 / 62
50 Day Moving Average: 53.41
6 Month Price Change %: 12.9%
12 Month Price Change %: 36.1%

Starbucks Corporation (NASDAQ:SBUX) has began the construction of its new Georgia plant.

Starbucks Breaks Ground On New Plant

The coffee retailer Starbucks Corporation (NASDAQ:SBUX) is investing $172 million to build a new plant in Georgia to manufacture soluble products.

This first company owned plant will bring 140 new jobs, like maintenance and engineering technicians, roasting operators, soluble process operators and packaging operators.

The plant will also offer other manufacturing jobs.

Starbucks Corporation (NASDAQ:SBUX) said that the new manufacturing facility will produce Starbucks VIA Ready Brew, coffee base for Frappuccino and other ready-to-drink beverages.

Starbucks Corporation (NASDAQ:SBUX) shares were at 52.68 at the end of the last day’s trading. There’s been a -13.1% change in the stock price over the past 3 months.

Starbucks Corporation (NASDAQ:SBUX) Analyst Advice
Consensus Opinion: Moderate Buy
Mean recommendation: Error
(1=Strong Buy, 5=Strong Sell)
3 Months Ago: Error
Zack’s Rank: 15 out of 45 in the industry

Starbucks Corporation (NASDAQ:SBUX) has extended its mobile payment app for Android to the UK and Canada.

Starbucks Expands Mobile Payments

The world’s largest coffee retailer Starbucks Corporation (NASDAQ:SBUX) is launching its mobile payment app for Android in UK and Canada after its successful US debut in 2011.

The new Starbucks for Android app features a new code base, fresh design and a lot of new features.

Adam Brotman, chief digital officer at Starbucks Corporation (NASDAQ:SBUX), said, “Setting the stage for the future around having a robust application for Android and iOS excites us for what’s to come. You can expect a more rapid pace of releases and innovation on all mobile platforms from now on”.

Starbucks Corporation (NASDAQ:SBUX) company shares are currently standing at 52.16.

Price History
Last Price: 52.16
52 Week Low / High: 33.72 / 62
50 Day Moving Average: 53.86
6 Month Price Change %: 11.8%
12 Month Price Change %: 31.7%

Starbucks Corporation (NASDAQ:SBUX) has decided to launch its ‘super cool’ flavors in Bahrain.

Starbucks Expanding Bahrain Cold Drink Range

The US based coffee chain giant Starbucks Corporation (NASDAQ:SBUX) is bringing back its celebrated Strawberries and Cream Frappuccino, the coolest and freshest flavor, to Bahrain this summer.

Rana Shaheen, Starbucks Corporation (NASDAQ:SBUX)’s regional communications and CSR manager for the Mena region said, “We are proud to announce that our strawberry syrup is 100 per cent local. The real juicy sensation comes from Starbucks Corporation (NASDAQ:SBUX) picking only the ripest strawberries for the locally prepared syrup that goes into this drink, in accordance with our objectives of keeping a close relationship with our community and customers.”

Starbucks Corporation (NASDAQ:SBUX) shares are currently standing at 52.83.

Price History
Last Price: 52.83
52 Week Low / High: 33.72 / 62
50 Day Moving Average: 56.04
6 Month Price Change %: 20.1%
12 Month Price Change %: 50.5%