Valleywag
retail
Posts Tagged “
Coffee
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retail
earnings
Starbucks quarterly results spill scalds analysts's laps
Starbucks CEO Howard Schultz dampened analyst expectations for the company's performance ahead of its April 30 quarterly earnings anouncement, sending shares tumbling 10.4 percent in after-hours trading. "The current economic environment is the weakest in our company's history," he said to explain why the company is facing the first quarterly profit decline in eight years. The retailer has long traded on being a relatively affordable yuppie status symbol, serving up a dose of psychological salve for four dollars a cup to an American middle class in decline. But it looks like Schultz's stunt to bloster the elite cachet of a brand now as ubiquitously plebeian as your local McDonald's might not be enough to fuel continued growth. (Photo by Peter Kaminski) More »
great moments in journalism
New York Times finally discovers Ritual Roasters, long after San Franciscans have moved on
Did you hear? Doing business in coffee shops is all the rage in San Francisco! Especially at this trendy little spot in the Mission you may not have heard of, Ritual Coffee Roasters. Seriously, if getting a table at Ritual wasn't hard enough already, you can thank the Times for making it that much harder — now every wannabe in khakis and a biz-dev-blue shirt will be jostling with the skinny greys set arriving on fixies for prime seating real estate. Since the Times seems to love reusing blog posts from 2006, I'll throw them a bone and present "The four cafes Times readers can be expected to ruin by 2009": More »
serious investigative journalism
What's new at Starbucks: 3 changes
I'm a reporter, dammit, so after reading about today's all-hands training sessions at all Starbucks stores I walked over to the store at 333 Market in San Francisco's Financial District and asked my barista to explain, step by step, exactly what's new. More »
san francisco
Finally, some real coffee in downtown SF
The best coffee in the city now has seating. Blue Bottle Coffee, a staple of the Embarcadero Farmer's Market and jaunts through Hayes Valley has finally opened a real coffee shop on a SoMa side street near the Moscone Convention Center. Go drink drip coffee (or sample some java from its $20,000 siphon bar) and be happy.
coffee
McDonald's outs Starbucks as fast food chain
It would take a lot to pull San Francisco's bloggers out of their default Starbucks habitats, but with a new, cheap line of espresso drinks and its free Wi-Fi, McDonald's may well yet lure poor newsfeed slaves to its golden arches. While the constant aroma of fried food may not be the most appealing work environment, neither is the modern-day Starbucks. More »
drugs
