Home Videos Photos

Starbucks Considering Purchasing Rival Coffee Chain

| Filed under: Food

Petes and Starbucks

To continue it's coffee world domination, Starbucks is in talks to buy rival California-based coffee retailer, Peet's Coffee & Tea.

While neither side has commented on the sale or acquisition, analysts speculate it is "not about the coffee shops. It's about growing the grocery business. That's where (a possible merger) has a lot of synergies" "

The possible synergies are reffering to selling coffee products in grocery stores and selling their products in single-cup coffee machines.

Inneresting.

Tags: , ,

Perez's Pics Of The Week: Sept. 5th-12th, 2014
Perez's Pics Of The Week - August 23-30, 2014
The Most Ridiculous Menu Items Ever Offered At Restaurants!
12 Childhood Snacks That'll Make You Wish You Were Going Back To School!
Top Ten Worst Pies!
7 Celebrity Recipes That Look AWFUL!
Email this  »

Comments are closed.