SEATTLE Blaming the challenging economic environment, Starbucks Corp. significantly scaled back its U.S. expansion targets for the next three years, but expressed hope that the summer launch of new beverages would snap a slowdown in traffic. The company also disclosed plans to take yet another crack at the breakfast market, this time with proprietary baked goods and chilled products. With profits dropping 28-percent drop for the second quarter ended March 30, Starbucks officials ...
Register to view this article
It’s free but we need to know a little about you to continually improve our content.
Registering allows you to unlock a portion of our premium online content. You can access more in-depth stories and analysis, as well as news not found on any other website or any other media outlet. You also get free eNewsletters, blogs, real-time polls, archives and more.
Attention Print Subscribers: While you have already been granted free access to NRN we ask that you register now. We promise it will only take a few minutes!
Questions about your account or how to access content?