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Cocoberry to launch breakfast options & nutritional beverages in 2-5 years

Frozen yoghurt chain Cocoberry is looking at extending its product portfolio. The retailer plans to introduce breakfast options and nutritional beverages in the next two-to-five years.G S Bhalla, Founder and CEO, Cocoberry, said: "The future for Cocoberry is that...

Starbucks profit climbs 34% on U.S. store traffic

Starbucks Corp. (SBUX), the world’s largest coffee-shop operator, said third-quarter profit rose 34 per cent as customer traffic increased in the U.S.Net income in the period ended July 3 climbed to $279.1 million, or 36 cents a share, from...

Starbucks appoints Clinton ‘body man’ as UK chief

The coffee company has named Kris Engskov as the managing director for its UK and Ireland stores, taking over from Darcy Willson-Rymer, who is leaving Starbucks to head up another company. It is not yet clear where his new...

Starbucks Plans Coffee Joint Venture With China’s Ai Ni Group

Starbucks Corp. (SBUX) said Thursday it was accelerating the momentum of its foray into Chinese coffee-been farming with plans to form a joint venture with Ai Ni Group, a coffee and agricultural company in Yunnan province. Last November, Starbucks...

Starbucks reorganises business to drive global sales

Starbucks has unveiled a reorganisation of its global operations, as it moves ahead with plans to raise half of its revenues from outside the US.The US coffee giant, which currently gets 20 per cent of its revenues from overseas,...

Starbucks cafes in Chile face strike threat

Starbucks Corp cafes in Chile remained open on Thursday despite the threat of a strike by union employees demanding pay increases and more benefits. Fewer than 30 percent of Starbucks' more than 670 employees in Chile are unionized. Two...

Losses double at Starbucks as chain closes five stores

THE costs associated with the closure of more than 20pc of its Irish stores contributed to pre-tax losses at the Irish arm of coffee giant Starbucks more than doubling last year.In accounts filed with the Companies Office by Starbucks...

Costa Coffee not to brew Express flavour in India

Coffee chain Costa Coffee has just launched its Express service – or coffee on the go - in home base UK. But for the moment, it rules out plans to enter this segment in India. Instead, the focus here...

Walmart sets up London team to lead European drive

Walmart, America's cheap and cheerful retailer, is setting up a London team to launch into Europe.The $193bn US retail giant, which is finalising the details of buying a South African grocery chain this week, will bring a team to...

McDonald’s note to self: Become Starbucks

Not since the Rock and Roll McDonald’s has the company of the yellow arches attempted to look so cool. McDonald’s Corp. is undertaking a $1 billion-plus remodeling that it hopes will make it look young and hip by 2015,...
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Haldiram Snack to invest Rs 300 crore in Bihar; will set up manufacturing plant

The manufacturing plant is expected to be operational by mid-2027Patna: Haldiram Snack, a leading player in the packaged food...
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