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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