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Results tagged “latte”

Tully's Sale To Green Mountain A Go

Starbucks might be seeing hard times, but Tully's is expanding--by selling half of the company to Green Mountain Coffee Roasters and focusing on retail nationwide. In effect, the sale means the Tully's brand will have a greater presence on the East Coast, and we'll probably see Green Mountain coffee on more shelves here in the Northwest. The deal saves Tully's from a path headed straight towards bankruptcy, thought it does mean reduced operations at the old Rainier Brewery. more ›

Does Howard Not Tip?

One thing that's been bugging us about Howard Schultz's rah-rah at the Starbucks annual meeting yesterday is his attack on the "myth" of the $4 coffee. Why? Stop, stop, you've winkled it out of us! Look, you can't deal with a perception by defining it out of existence: "Half of the beverages we sell are under $3," says Schultz, knowing he's misrepresenting the issue. People think a latte at Starbucks will cost them, with tax and tip, closer to $4 than $3. more ›

Booze In, Coffee Out As Affordable Luxury Of Choice

Starbucks may be having difficulties, but the liquor industry is doing just fine, thank you very much. Washington state liquor sales are up five percent this year, a statistic owed (we suspect) in large part to the contributions of all the laid-off Starbucks employees. After all, a latte may wake you up, but a whiskey-laced latte will wake you up to a world much softer than the world in which you fell asleep. Perhaps it's time to stimulate the economy by buying stock in Grey Goose. We would never suggest partaking in illegal activities, but we're certain now would be a lucrative time to get busy making moonshine. You could peddle it right outside Starbucks Corporate! (There are rumors of fast-approaching Microsoft lay-offs, too...supply and demand, people.) more ›

The McLatte Comes to Seattle

The McLatte Comes to Seattle

Attention, Seattle caffeine addicts....wait, let's rephrase that. Seattle, what a week it's been for free coffee! more ›

Mea Cuppa, Mea Maxima Cuppa

Mea Cuppa, Mea Maxima Cuppa

"I humbly recognize and share both your concern and your disappointment in how the company has performed and how that has affected your investment in Starbucks," Schultz told investors. "I promise you this will not stand." more ›

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