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Starbucks Corp Chief Executive Officer Howard Schultz is shifting the coffee seller’s focus from cost cutting to growth by promoting new products, including Via instant coffee and its Seattle’s Best Coffee brand. Full Article at Business Standard
Related Articles
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Nov. 6 (Bloomberg) -- Starbucks Corp. Chief Executive Officer Howard Schultz is shifting the coffee seller’s focus from cost cutting to growth by promoting new products, including Via instant coffee and its Seattle’s Best Coffee brand. Full Article at Bloomberg.com
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The company, which posted an expectations-topping fourth-quarter profit on Thursday, increased its target for fiscal 2010 growth in earnings before items to 15 percent to 20 percent from 13 percent to 18 percent previously. Full Article at International Business Times
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The company, which has been slashing its outlets, laying people off and reducing costs, raised its target for fiscal 2010 earnings -- excluding items -- to growth of 15 percent to 20 percent from a previously forecast growth range of 13 percent to 18... Full Article at International Business Times
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Starbucks has been hard hit by the recession as consumers cut back on items such as gourmet coffee. It has closed many locations to save money. But now the company says that demand is starting to pick up. Full Article at Shopping Blog
Related Quotes
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They’ve held on through the worst of it
– Jeff Farmer SOURCE: Business Standard -
Seattle’s Best has a very bright future and it can do things that Starbucks cannot
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Seattle’s Best has a very bright future and it can do things that Starbucks cannot
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We have to make sure that none of the hubris and entitlement that was here returns ... There’s no sign of victory. One or two quarters doesn’t make a victory.
