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LEADERSHIP QUOTE OF THE DAY (23 May 2012): You gain STRENGTH| COURAGE AND CONFIDENCE by every experience in which you really stop to look fear in the face. You must do the thing you think you cannot do. - Eleanor Roosevelt
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FOOD & DRINK

FOOD & DRINK

Starbucks Aims High

Starbucks Aims High image
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Starbucks has been squeezed out of the high-end coffee market by McDonald's and other fast food businesses who are creating cheap and tolerable versions of their popular brews. As a counter to losing some of its exclusive market, the Seattle-based brand moved downmarket to take on the fast food emporiums by selling sandwiches, a move, which rolls Starbucks into the melee of generic convenience fodder.

The opportunity is now to take the brand back into its lofty market position by offering customers a unique high-end experience. The company is already experimenting with two test stores in Seattle.

Some of the up-market features includes: 

  • New look and feel. The stores, based on an Italian cafe model, are outfitted in eco-chic with metalwork and industrial fixtures made by local artisans, over-stuffed seating and counters made of reclaimed wood.
  • New menu. Coffee is not enough, anymore. The test outlets also sell beer and wine.
  • New Name. Forget Starbucks. These stores are named Roy Street Coffee & Tea and 15th Street Coffee & Tea.
  • Movies and Music, Too. Roy Street shows indie films, mostly shorts, and both locations serves up local bands and DJs with your espresso.


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