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Progressive Grocer
Automated Retail Solutions in Supermarkets
In the past few years, automated retail solutions — the use of machines to sell retail products — have been growing exponentially as many retailers and national brands are looking for ways to build brand awareness and expand into...
Retail
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...
Retail
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...
Retail
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...
Retail
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...
Retail
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,...
Retail
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...
Retail
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...
Retail
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...
Retail
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...
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The Luxottica report card for 2022
A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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