SBUX

Starbucks Restructuring

Starbucks is selling off 83 of its European stores to partner Alsea, which already operates more than 900 Starbucks outlets in Mexico and South America. The stores being sold are in France, Belgium, the Netherlands and Luxembourg. SFGate
 
Dunkin' vs Starbucks

Dunkin' (nee Donuts) is trying to better take on Starbucks in its core coffee market, by releasing new drinks at lower prices. It will for example charge less than its competitor for a new 16-ounce hot latte. Fortune
 
A third time testing the weekly resistance last week. What a move! Will this be the time it breaks to the upside or a reversal back down to the blue trendline support?
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Seems to be building a megaphone pattern.
Starbucks has built too many stores and believe they are charging too much considering overall coffee prices are quite low, granted they use specialty coffees, but I have been going elsewhere half the time. McDonalds before 10:30am usually very good and given my age is 50 cents, can't beat.
 
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Starbucks continues global push by adding social payments, delivery in Japan
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Starbucks is on a path to grow its business in Japan by reaching customers on their phones.The company said Thursday that next year it will launch mobile ordering and payments through the Starbucks app in Japan. It’s also working with Japanese social and messaging platform Line to enable social payments, and through it, the company hopes to reach the 78 million Line users across the country. It’s also adding mobile-initiated delivery services through a tie-up with Uber Eats. (Digiday)
 
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