Starbucks Corp. is continuing to pursue expansion plans both within and outside its units, despite outside economic pressures threatening the company’s bottom line. The headwinds of higher commodity costs, primarily for coffee, will take a projected $230 million toll on Starbucks in 2012. But momentum from its expanded grocery store products and international growth will continue to drive results, company officials said following a report on first-quarter earnings, which showed a ...
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Contact: Desiree Torres Desiree.Torres@penton.com