Skip to main content

Starbucks Coffee Co.

  • Local New York market partners with Instacart

    Westside Market, a local New York City grocery retailer, is partnering with Instacart for delivery to the Upper West Side neighborhood.

    Instacart customers on the Upper West Side will now have access to an assortment of Westside Market items, all delivered in as soon as one hour. Instacart will deliver from a select Westside Market location to start (110th Street and Broadway), and Instacart prices are the same as Westside Market's in-store prices. Westside Market has five stores in all.

  • Deliv loves New York

    Same-day delivery provider Deliv is strengthening its position in the important New York market.

    Deliv has acquired Zipments, a New York-based same-day delivery company. This gives Deliv more of a foothold and delivery density in New York City, one of the largest markets for same-day delivery in the country.

    Zipments services brands such as Trina Turk, on-demand companies such as Casper, Handy, and Plated, local merchants such as B&H, Murray's Cheese and Epicerie Boulud, as well as large corporate clients who need to send packages across town.

  • That's a lot of coffee: Starbucks sales set to break $20 billion in 2016; more expansion on tap

    Buoyed by the launch of new menu offerings and increases in store traffic, Starbucks Corp. brewed up another strong quarter, with revenue and profits meeting Wall Street expectations. The coffee giant also continues to set a torrid pace for store expansion.

    Starbucks intends to open 1,800 new stores globally during fiscal 2016, with licensing driving a large portion of the growth. This includes 700 stores in the Americas (half licensed), 900 in China/Asia-Pacific (two-thirds licensed), and 200 primarily licensed stores in Europe/Middle East/Africa (EMEA).

  • Starbucks replaces Square

    Two weeks after publicly stating it had lost $56 million processing payments for Starbucks, Square no longer has to worry about future losses.

    Starbucks has selected Chase Commerce Solutions, the global payment processing and merchant acquiring division of JPMorgan Chase & Co., to transition processing of all non-mobile payments and U.S. retail card payment transactions in company-operated stores. Chase will also partner with Starbucks on the rollout of chip-enabled payment terminals.

  • Ridge Hill adds nine new retailers

    Ridge Hill Shopping Center, developed by Forest City Ratner Companies (FCRC), is expanding.

    During the course of the last month, Yonkers, New York-based Ridge Hill added nine new retailers and attractions to its roster of tenants. In the first half of 2015, the center added a total of 50,000 sq. ft. of retail and restaurants, with an additional 15,000 sq. ft. of office space. Seasonal offerings will account for another 14,000 sq. ft. and the center is poised to add 10,000-sq.-ft. of permanent retail before the year ends.

  • 45 Retailers named for expanded and redesigned Broadway Plaza

    Walnut Creek, Calif. -- Macerich announced 45 retailers set to join Broadway Plaza in Walnut Creek, California. The center, anchored by Nordstrom, Neiman Marcus and Macy's, is undergoing a major renovation that will add 315,000 sq. ft. of new space, parking, new finishes and refreshed outdoor amenities.

  • Square bulks up financing leadership with Yahoo exec

    As it prepares for a planned IPO, Square, the payments processing company led and co-founded by tech heavyweight Jack Dorsey is adding key executives to its Square Capital business financing operation.

  • Starbucks deal costs Square

    There are no sure things in business – not even a partnership with Starbucks.

    In paperwork filed for a planned IPO, Square revealed that since launching an agreement to process back-end mobile transactions for Starbucks in October 2012 (the coffee chain did not adopt Square reader hardware), it has recorded $309.8 million in revenue but $380.4 million in processing costs.

X
This ad will auto-close in 10 seconds