Food Industry
Industry: Email Alert RSS FeedStarbucks to acquire Seattle Coffee Company. (Trade News).(Brief Article)
Tea & Coffee Trade Journal, June, 2003
Starbucks Corporation announced that it is has entered into an agreement to acquire Seattle Coffee Company, which includes the Seattle's Best Coffee (SBC) and Torrefazione Italia Coffee Brands from AFC Enterprises, Inc.
The company intends to further develop both brands and maintain the distinct coffee flavor profiles of SBC and TI. This transaction supports Starbucks long-term strategy to expand and build upon its leadership position in the super premium coffee segment within foodservice and grocery businesses by providing a multiple brand growth opportunity, states the company. Seattle Coffee Company has built a strong wholesale business with both the SBC and TI brands
"Aquiring the SBC and TI brands provides us an opportunity to launch the next...
Brought to you by CBS MoneyWatch.com
- Best- and Worst-Paid College Degrees
- 6 Things You Should Never Do on Twitter or Facebook
- How Much Sleep Do You Really Need?
- 6 Big Myths about Gas Mileage
Most Recent Business Articles
- Multiple criteria evaluation and optimization of transportation systems
- Multi-criteria analysis procedure for sustainable mobility evaluation in urban areas
- A two-leveled multi-objective symbiotic evolutionary algorithm for the hub and spoke location problem
- Multi-criteria analysis for evaluating the impacts of intelligent speed adaptation
- The development of Taiwan arterial traffic-adaptive signal control system and its field test: a Taiwan experience
Most Recent Business Publications
Most Popular Business Articles
- 7 tips for effective listening: productive listening does not occur naturally. It requires hard work and practice - Back To Basics - effective listening is a crucial skill for internal auditors
- FAS 109: a primer for non-accountants - Financial Accounting Standards Board's "Statement 109: Accounting for Income Taxes"
- LIFO vs. FIFO: a return to the basics
- Too Young to Rent a Car? - 25-years-old the minimum age for car renting - Brief Article
- Design a commission plan that drives sales - Sales Commissions
