Starbucks Coffee Co.

Panama City -- Starbucks Coffee Company has entered its 15th Latin America market.

The coffee giant — together with Premium Restaurants of America, its long-term strategic licensing partner in Central America — has opened its first store in Panama, making it Starbucks 15th market in Latin America and 67th worldwide.

Columbus, Ohio -- Retail and brand consultancy Fitch has announced a new senior appointment in North America.
 
Michelle Fenstermaker returns to Fitch in the role of strategy director. She will lead the team and be responsible for spearheading strategic planning and vision for Fitch North America.

New York -- Friends of Howard Schultz, the outspoken and politically progressive founder and CEO of Starbucks, are urging him to enter the Democratic race for President, according to a report by Fortune.

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Seattle -- Starbucks Corp. is making good on its pledge to spur job growth among “opportunity youth,” or young people aged 16 to 24 who don’t have jobs and aren’t in school.

Seattle - Starbucks Corp. is looking to increase its corporate ownership stake. The retailer has authorized the repurchase of an additional 50 million shares of the company's common stock under its ongoing share repurchase program.

This authorization has no expiration date and is in addition to the 11 million shares that remained available for repurchase as of June 28, 2015 under an existing authorization.

A unique arrangement between Starbucks and ride-sharing service Lyft should serve as a blueprint for the rest of the retail industry when it comes to developing unconventional partnerships that lead to new growth possibilities.

Seattle – Starbucks Corp. reported impressive financial performance in the third quarter of fiscal 2015 that could be described as downright perky. Net income jumped 22% to $626.7 million from $512.6 million the same quarter a year earlier, with higher pretax earnings offsetting higher income tax charges to produce profit growth.  

Seattle – Starbucks Corp. is snubbing Uber in new extension of its loyalty program. Starbucks is partnering with rival online transportation service Lyft to offer Lyft drivers and passengers the chance to earn points in its loyalty program.  

Seattle – Starbucks Corp, is partnering with one of the world’s best-known media brands to provide an elevated news experience for users of its mobile app. As part of an expanded agreement with the New York Times, top news of the day as well as a selection of other articles, will be available for free via the Starbucks mobile app for My Starbucks Rewards loyalty members.

New York -- Starbucks Corp. is expanding its already extensive global footprint.

The chain announced it will open its first stores in South Africa next year in a partnership deal with South African management group Taste Holdings. The initial store is scheduled to open in Johannesburg during the first half of 2016.