Saturday, March 26, 2011

Starbucks Corporation (NASDAQ:SBUX) Extends Autogrill Deal

Starbucks Corporation (NASDAQ:SBUX) has decided to extend the US deal with Autogrill. Starbucks Corporation (NASDAQ:SBUX) Extends Autogrill Deal Starbucks Corporation (NASDAQ:SBUX) and Autogrill have announced a 10-year extension of their partnership in the United States and plans to open 120 new outlets. Autogrill and Starbucks Corporation (NASDAQ:SBUX) have also planed to work together to use certain points of sale as ‘learning laboratories’ in which to test new concepts and services. Cliff Burrows, the US President of Starbucks Coffee Company on behalf of Starbucks Corporation (NASDAQ:SBUX) said that, "For nearly 20 years, Starbucks and Autogrill have successfully brought the Starbucks Experience to millions of travellers who are looking for an exceptional cup of coffee. We are very excited to extend our relationship with Autogrill for another 10 years.” Starbucks Corporation (NASDAQ:SBUX) shares are currently standing at 37.35. Price History Last Price: 37.35 52 Week Low / High: 22.5 / 38.21 50 Day Moving Average: 33.58 6 Month Price Change %: 47.7% 12 Month Price Change %: 48.6%
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