Wednesday, September 26, 2007

Starbucks is giving away Million of Songs .

SEATTLE (AP) -- Starbucks plans to give away 50 million free digital songs to customers in all of its domestic coffee houses to promote a new wireless iTunes music service that's about to debut in select markets.
From Oct. 2 to Nov. 7, baristas in the company's more than 10,000 U.S. stores will hand out about 1.5 million ''Song of the Day'' cards each day. The cards can be redeemed at Apple Inc.'s online iTunes Store.
Thirty-seven artists with featured songs include Paul McCartner and Joni Mitchell -- the first two to sign on with Starbucks' Hear Music label -- along with Joss Stone, Dave Matthews, John Mayer, Annie Lennox and Band of Horses.
The first song will be Bob Dylan's ''Joker Man.''
Also on Oct. 2, Starbucks will start selling iTunes digital release cards that allow a full album of music and bonus material to be downloaded online. KT Tunstall's ''Drastic Fantastic'' and the soundtrack to the film ''Into the Wild'' with new music from Pearl Jam frontman Eddie Vedder will be the first two featured albums, retailing for $14.99 and $11.99, respectively.
Starbucks also will offer a limited-edition reloadable purchasing card that includes two free iTunes downloads when customers register their cards online.
Earlier this month, Starbucks and Apple announced a partnership that will allow users of Apple's iPhone and new iPod Touch to download songs playing in a Starbucks shop directly to their portable devices.
The coffee chain's icon will light up on the iPhone or Touch whenever a user is within range of a Starbucks shop's Wi-Fi signal. People with the devices -- or a laptop with iTunes software -- will also be able to use the signal for free to browse and buy other iTunes music.
The service will launch at 600 Starbucks shops in Seattle and New York on Oct. 2, then roll out in San Francisco in early November.
Starbucks plans to have the service up and running in a quarter of its stores by the end of next year and in all U.S. stores with wireless networks by the end of 2009. There are no immediate plans to expand the service to international markets.
Starbucks has been selling CDs in its stores for years and added its music catalog to iTunes last fall.
Ken Lombard, president of Starbucks' entertainment division, declined to release any specifics on the company's digital music sales so far or compare how they've been stacking up to CD sales. He would only say that music in both formats has been selling well.
Expectations remain high for the upcoming wireless service. ''We're going to see huge improvement in terms of the amount of tracks'' that are downloaded, Lombard said.

Thursday, September 20, 2007

Starbucks.... Part-Time Jobs With Benefits


If you're looking for or thinking about switching to part-time work, don't think that you have to give up benefits in exchange for more flexibility. More and more companies today are offering benefits to part-time employees in attempts to attract and retain harder-working, more-qualified worker

Benefits
In addition to a benefits package that include medical insurance, a retirement package and stock options, each "partner" who works 20 or more hours per week receives a pound of free coffee each week.

Wednesday, September 19, 2007

Howard Schultz, Starbucks CEO Dropped off this year



Starbucks shares are off 32% over the past year as the gourmet coffee chain struggles to maintain strong same-store sales growth. That performance has cost Schultz, who owns 17.7 million shares as of the latest filing, about $229 million. To reverse course, he's banking on more overseas stores and an expanded product line that includes coffee-chocolate drinks. Schultz isn't even universally beloved in his home base of Seattle anymore--his 2006 sale of the NBA's Supersonics has some speculating the team will abandon the area for Oklahoma City.




Fall is here and Starbucks is ready.






The pumpkin spice latte is back in the season.
Pumpkin Spice Latte a delicious blend of pumpkin and traditional fall spice flavors combined with our signature espresso and freshly steamed milk, and topped with whipped cream and pumpkin pie spices.

Sunday, September 16, 2007

Starbucks Stock information of last week

Common Stock Starbucks Corporation's common stock is traded on Nasdaq, under the trading symbol SBUX. Since our Initial Public Offering in 1992, we've had five 2-for-1 stock splits


Date Requested
09/07/07
Closing Price
$27.16
Volume
7,586,300
Split Adjustment Factor
1:1
Open
$27.34
Day's High
$27.47
Day's Low
$27.01

Starbucks Corporation.



















Company Information
Retailer, roaster and brand of specialty coffee operating in North America, Latin America, Europe, the Middle East and the Pacific Rim. The Company also produces and sells bottledFrappuccino(R) drinks, DoubleShot(TM) drinks and a line of ice creams.


9% Rise in Profit for Starbucks
By THE ASSOCIATED PRESS
Published: August 2, 2007
SEATTLE, Aug. 1 (AP) — The Starbucks Corporation, the world’s largest specialty coffee retailer, said Wednesday that quarterly profit climbed 9 percent as the company opened 668 stores, and it announced plans to continue expanding at an equally blistering pace next year.
Earnings for the three months that ended July 1, the company’s third fiscal quarter, rose to $158.3 million, or 21 cents a share, from $145.5 million, or 18 cents a share, during the same period last year.
Results matched Wall Street’s expectations, according to analysts polled by Thomson Financial.
Revenue jumped 20 percent to $2.36 billion, from $1.96 billion in the year-ago quarter, falling just short of analysts’ estimated $2.39 billion.
Sales at Starbucks’ 14,396 locations around the world jumped 21 percent to $2.01 billion, from $1.66 billion last year.
Starbucks announced plans to open 2,600 stores in the 2008 fiscal year, an increase of 200 from this year’s target.
Shares of Starbucks gained 52 cents to close at $27.20.