retail news in context, analysis with attitude

Bloomberg reports that Starbucks plans to buy companies that will allow it to build up its grocery sales business. CFO Troy Alstead says that “there’s no question inorganic growth will be a bigger part of our next 10 years than it has been of our previous 10 years,” and adds that acquisitions could be complementary to the company’s primary coffee business.

Chicago Breaking Business.com reports this morning that, as Starbucks engages in a public fight with Kraft over what it sees as mismanagement of its grocery sales business, it “plans to expand its relationship with Acosta Inc. — which is based in Jacksonville, Fla., and distributes Via (its hit instant coffee product) — to include distribution of Starbucks packaged coffee after March 1.”
KC's View:
Y’think that at odd moments, Howard Schultz stands in his office, looking out the window, thinking of Kraft, and muttering, “From hell's heart I stab at thee; for hate's sake I spit my last breath at thee.”