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Feb 07, 2012
Starbucks to Open its First Store in Norway
Norway, Oslo: February 7, 2012 – Starbucks Coffee Company  (Nasdaq: SBUX) and its licensed partner, SSP, the leading dedicated operator of food and beverage brands in travel locations worldwide, will open Norway’s first  Starbucks Coffeehouse at Oslo Airport, arrivals this Thursday, February 9th.

“SSP Norway has looked forward to this day for a long time,” says Morten Solberg Nilsen, Managing Director SSP Norway.  “With a spacious and comfortable seating area, the new Starbucks coffeehouse will undoubtedly be a popular place for travelers to relax while enjoying their favorite coffee.  SSP and Starbucks have a shared passion for making customers feel at home. We are thrilled that with Starbucks we can bring another world-class brand to the airport which further strengthens our position as the food travel experts, offering an unrivaled portfolio of leading brands.”

The long awaited store will be located in arrivals at Oslo Airport and will be accessible to everyone going to the airport. It will offer customers the legendary Starbucks Experience, high-quality arabica coffee, and innovative products in an inviting and relaxed atmosphere.
 
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Feb 06, 2012
Starbucks to Partner with Ai Ni Group to Bring China’s Yunnan Coffee to the World
KUNMING, China, February 06, 2012 - As part of its ongoing efforts to help elevate the coffee industry in China’s Yunnan Province, Starbucks Coffee Company (NASDAQ: SBUX) announced that it has signed an agreement to form a joint-venture company with Ai Ni Group, one of the province’s most established coffee operators and agricultural companies in Yunnan. The joint-venture company, which will be controlled by Starbucks, will purchase and export high-quality arabica Yunnan coffee beans, as well as operate dry mills in the province.
 
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Feb 06, 2012
Fact Sheet: Starbucks Cup Magic App – Valentine’s Day 2012
Starting February 6 for a limited time, Starbucks customers can experience the latest version of the Starbucks Cup Magic app just in time for Valentine’s Day. Originally launched during our holiday campaign, the Valentine’s Day-themed interactive app brings limited-edition Valentine’s Day Starbucks® hot cups to life with augmented reality technology. Connecting the digital world with the Starbucks store experience, users can download and enjoy the app to Celebrate everylove in their life. Customers simply download the app to create and send a personalized Valentine’s Day message or Starbucks Card eGift to brighten someone’s day! Share the love with this fun and festive app this Valentine’s Day at Starbucks. 
 
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Jan 30, 2012
Tata Global Beverages and Starbucks Form Joint Venture to Open Starbucks Cafés across India

MUMBAI, India, January 30, 2012 - Tata Global Beverages Limited and Starbucks Coffee Company (Nasdaq: SBUX) today announced a joint venture between the iconic international coffee brand and the 2nd largest branded tea company in the world. The 50/50 joint venture, named TATA Starbucks Limited, will own and operate Starbucks cafés which will be branded as Starbucks Coffee “A Tata Alliance.”

The retail stores will be developed in cities across the country, beginning with stores in Delhi and Mumbai in calendar 2012.
 

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Jan 27, 2012
Starbucks Announces its Arrival to Costa Rica
SEATTLE and SAN SALVADOR, EL SALVADOR; Jan. 12, 2012 – On May of this year, Starbucks Coffee Company (Nasdaq: SBUX), together with joint-venture partner Corporación de Franquicias Americanas (CFA), will open the doors of the first Starbucks in Costa Rica. This first store will be located in San Jose.
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Jan 26, 2012
Starbucks Exceeds Goals with More Than 100 Million Starbucks® K-Cup® Packs Shipped

SEATTLE, January 26, 2012 - At the end of 2011, just two months after the launch, Starbucks Coffee Company (NASDAQ:SBUX) shipped more than 100 million K-Cup® packs and achieved a weighted All Commodity Volume (ACV) distribution across all channels of approximately 71 percent.*

“Thus far, we’ve reached 11 percent dollar share in the premium single cup segment with Starbucks® Coffee K-Cup® Packs,” said Jeff Hansberry, president, Channel Development for Starbucks.** “Our focus with the initial launch has been on Keurig® Single Cup Brewer owners. Our next big opportunity will be to attract new customers to the category. We are confident the combination of the Starbucks Experience with the quality and value of Starbucks® Coffee K-Cup® Packs will ultimately make this a billion-dollar business over time.”

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Jan 26, 2012
Little Big Show Benefit Concert Series to Rock Seattle Non-Profit Arts Organizations
SEATTLE, January 26, 2012 - Today Starbucks, KEXP and Seattle Theatre Group (STG) launch the Little Big Show, a new quarterly benefit concert series that helps Pacific Northwest citizens make a difference in the community as music fans. The face value of tickets (excluding possible fees and/or service charges) will be donated to local non-profit organizations in support of arts-based programming.
 
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Jan 26, 2012
Starbucks Reports Record First Quarter Fiscal 2012 Results

SEATTLE, January 26, 2012 - Starbucks Corporation (NASDAQ:SBUX) today reported financial results for its 13-week fiscal first quarter ended January 1, 2012. Results are presented under the new reporting segments, which were effective with the beginning of fiscal 2012.

Fiscal First Quarter 2012 Highlights:

  • Total net revenues increased 16% to a record $3.4 billion
  • Global comparable store sales increased 9%, driven by a 7% increase in traffic and a 2% increase in average ticket
  • Starbucks opened 241 net new stores globally, reaching 500 stores in both mainland China and Latin America
  • CPG revenue increased 72%, driven by the launch of Starbucks- and Tazo-branded K-Cup® packs and the impact of the Q2 FY11 transition of packaged coffee and tea to the direct distribution model
    • Over 100 million Starbucks- and Tazo-branded K-Cup® packs shipped in Q1 following the November 1st launch
  • EPS increased 11% to a record $0.50 per share, compared to $0.45 per share in Q1 FY11
     
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Jan 25, 2012
Starbucks Coffee Launches in Morocco
Casablanca, Morocco; January 25, 2012 –Starbucks Coffee Company (NASDAQ: SBUX) in partnership with Alshaya Morocco S.A.S, a subsidiary of M.H.Alshaya Co., the Middle East’s leading retailer, opened their first two stores in  Morocco on December 5, at  the Morocco Mall. A third store is planned to open in March on the Boulevard d’Anfa.

“Starbucks is excited to expand to  Morocco by bringing  its high-quality coffees and unique Starbucks Experience to customers in Casablanca,” said Jim Godfrey, vice president Public Affairs, Europe, Middle East and Africa. “We are thankful and humbled by the warm welcome we have received in Morocco Mall, and we look forward to opening our third store in the centre of Casablanca in March with our long term partner, Alshaya.”

Starbucks and Alshaya entered into a strategic partnership in 1999 and have since opened more than 500 stores throughout the Middle East and North Africa (including Bahrain, Egypt, Jordan, KSA, Kuwait, Lebanon, Oman, Qatar and the UAE,) Russia and Turkey employing nearly 5,000 partners. 
 
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Jan 23, 2012
Starbucks to Extend Evening Day-Part Concept

SEATTLE, January 23, 2012 - Responding to customer feedback for more options to relax in its stores in the evenings, Starbucks Coffee Company (NASDAQ:SBUX) today announced plans to bring wine, beer and premium food offerings to a handful of locations in Atlanta and Southern California by the end of this year. These stores, along with several others recently announced for the Chicago area, will be the first extensions of the evening day-part concept outside of the Pacific Northwest.

“Building an evening day-part is a natural progression for us as we are always looking for ways to evolve and enhance the Starbucks Experience based on what our customers are telling us,” said Clarice Turner, senior vice president, U.S. Operations. “We’re pleased with the response of our customers to the introduction of wine, beer and premium food at several of our stores in the Pacific Northwest, and we’re excited to see how the idea translates to other markets.”
 

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