Starbucks Gains Leadership in Nearly $1 Billion Light Roast Coffee Segment
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http://pdf.reuters.com/htmlnews/8knews.asp?i=43059c3bf0e37541&u=urn:newsml:reuters.com:20130107:nBw065109a Company Builds on Initial Category Success with New Taste of Lighter, Easy Drinking Starbucks Blonde Roast Coffee SEATTLE--(Business Wire)-- Starbucks Coffee Company (NASDAQ: SBUX) aims to grow share of the 40 percent of U.S. coffee drinkers1 who say they prefer a lighter roast by using an innovative cross-channel campaign to win them over to Starbucks Blonde Roast. Starbucks has already seen significant success since introducing its lighter roast coffee last year. Starbucks Blonde Roast packaged coffee sales were 79 percent incremental in grocery and 70 percent incremental at Starbucks retail stores, driving growth across all channels in the nearly $1 billion light roast coffee segment.2 http://mms.businesswire.com/bwapps/mediaserver/ViewMedia?mgid=353171&vid=4 Starbucks Blonde Roast is available in Starbucks stores and where customers buy groceries. (Photo: Business Wire) "Starbucks Blonde Roast is a new roast curve for Starbucks that celebrates our coffee heritage and roasting expertise and introduces new customers to our coffee," says Craig Russell, senior vice president, Global Coffee, for Starbucks. "For those who think Starbucks coffee is too dark, we now have an answer. We`re excited about the response we`ve seen over the past year and are looking forward to bringing the taste of our milder, easy-drinking Starbucks Blonde Roast coffee directly to even more consumers nationwide." In another sign that the company is reaching out to new customers, Starbucks created Vanilla Blonde, its first handcrafted brewed coffee that features a sweeter taste profile with the addition of vanilla flavored syrup added to its lightest roast. Realizing approximately 80 percent of brewed coffee drinkers add milk or sugar to their coffee3, Vanilla Blonde gives brewed coffee drinkers their own customizable option at Starbucks. Starting today, millions of Americans will have the opportunity to taste Starbucks Blonde Roast and Vanilla Blonde thanks to an extensive cross-channel sampling and sharing campaign featuring millions of offers for a free tall (12 fl. oz.) cup of Starbucks Blonde Roast or Vanilla Blonde and $1 off any Starbucks packaged coffee or Starbucks K-Cup packs4 in retail stores and where customers buy groceries. Here are some examples of how Starbucks will engage customers nationwide starting today: * Customers can get a free Tall (12 fl. oz.) Starbucks Blonde coffee for themselves by sharing a Starbucks Card eGift with a friend through a new desktop and mobile-enabled Facebook app accessible at apps.facebook.com/starbucksblonderoast. The app features uplifting Light Note cards to share with friends as a fun and humorous way to share a taste of Starbucks Blonde Roast. * Starbucks Mobile cafés will pop up in Boston, New York, Washington D.C., Philadelphia, Chicago and Dallas where, for three weeks each, they will offer free samples of Starbucks Blonde Roast and Vanilla Blonde coffee along with vouchers for a free Tall (12 fl. oz.) Starbucks Blonde Roast coffee or Vanilla Blonde5 and $1 off Starbucks packaged coffee and Starbucks K-Cup packs to passersby. * A dozen ambassadors donning coffee-filled jet packs will also hit local streets in these cities to share tastes of Blonde Roast coffee with those who can`t make it to the mobile cafés. * More than 8,000 food, drug, and mass grocery retailers will offer Starbucks Blonde Roast to shoppers down the aisle - the biggest sampling effort down the aisle in Starbucks history. About Starbucks Corporation Since 1971, Starbucks Coffee Company has been committed to ethically sourcing and roasting the high-quality arabica coffee. Today, with stores around the globe, the company is the premier roaster and retailer of specialty coffee in the world. Through our unwavering commitment to excellence and our guiding principles, we bring the unique Starbucks Experience to life for every customer through every cup. To share in the experience, please visit us in our stores or online at www.starbucks.com. 1 Starbucks Consumer Research 2010 2IRI Panel Data for the 52-weeks ending 12-2-12 (includes all forms of light roast coffee purchased at food, drug, and mass outlets, including Wal-Mart, Sam`s Club, and Costco) 3Starbucks A&U study, 2012 4Keurig and K-Cup are trademarks of Keurig, Incorporated, used with permission. K-Cup packs for use in Keurig K-Cup Brewing Systems. 5Value of eGift equivalent to one tall cup of brewed Starbucks Blonde Roast coffee valued up to $2.60. Number of eGifts available is limited. Limited time offer. Photos/Multimedia Gallery Available: http://www.businesswire.com/multimedia/home/20130106005109/en/ Starbucks Coffee Company Alisa Martinez, 206-318-7100 email@example.com Copyright Business Wire 2013