KarstadtQuelle Sheds Starbucks Venture, to Sell Bonds
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KarstadtQuelle AG, Germany&#39;s biggest department-store operator, agreed to sell its share of a venture to Starbucks Corp. and said it plans to issue at least 125 million euros ($163 million) in convertible bonds to fund an overhaul.
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KarstadtQuelle, the crisis-ridden German retail giant, does not expect to turn in a profit until 2006 instead of 2005 as expected, the group's chairman Christoph Achenbach told shareholders at an extraordinary ...
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Starbucks Corp .  said  on Tuesday it is withdrawing an offer of free iced coffee to a  limited number of employees and their friends and families in  the southeast United States.
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Karstadtquelle, the German department store and mail order giant, announced plans to sell off or close more than half its 180 retail outlets yesterday under a radical overhaul designed
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A controversial Starbucks coffee shop in the Forbidden City, the former imperial palace at the heart of Beijing, has closed its doors after years of opposition.
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Business & money: Fashion label Tommy Hilfiger has abandoned plans for a Â£1.5bn stock market float in Amsterdam
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The company has decided to leave the public markets.
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Starbucks Corp. shares sank nearly 10 percent Thursday, a day after the coffee retailer said it was retooling some store operations to improve service in the wake of slower sales growth in July.
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Department store giant Kardstadtquelle is to restructure at a one-off cost of 1.4bn euros and pull out of non-core businesses.
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Starbucks Corp  on Monday  said its chief executive, Jim Donald, is leaving the company,  effective immediately.
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By Karen Attwood  The Dutch healthcare and chemicals group Akzo Nobel ditched plans to float its biopharmaceutical division in favour of a sale yesterday, triggering speculation it would next make a move on the chemicals group Imperial Chemical Industries.
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Starbucks Corp. said on Tuesday it is   withdrawing an offer of free iced coffee to a limited number of   employees and their friends and families in the southeast   United States.
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German department store chain  Karstadt  will sell Apple's  coveted iPhone,  Karstadt said on Monday, adding that it was too soon to say  whether the phones would be sold with or without a contract.
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Troubling news for cash-strapped Lotharios, particularly in Germany.
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European stocks declined, led by food and beverage companies including Cadbury Schweppes Plc and Groupe Danone SA after Unilever, the world&#39;s largest maker of food and soap, cut its full-year earnings forecast.
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Donald Trump&#39;s Trump Hotels &amp; Casino Resorts Inc. said it has ended talks with Credit Suisse First Boston&#39;s private-equity unit, which had planned to invest $400 million in equity and become the majority shareholder.
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With the stock plummeting and competitors on the attack, Starbucks Coffee said Monday that it was bringing back its top barista to help turn the company around.