Starbucks Buys Coffee People Stores
Starbucks Corp., Seattle, has bought stores from the Coffee People chain's owner Diedrich Coffee Inc., Irvine, Calif., according to the Associated Press. The deal is reportedly $13.5 million for 40 stores. Diedrich Coffee, a 200-store chain, acquired Coffee People in 1999. Diedrich Coffee said the deal
is subject to several conditions, including stockholders' approval and deed transfers for its store locations.
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AFC Enterprises believes it's close to knocking Diedrich Coffee off of its perch as the Number Two coffeehouse behind Starbucks.
Although late to the game, several competitors of Starbucks are moving into debit cards, considered one of the coffee giant's most successful marketing coups of ......
Despite mounting financial problems, Diedrich Coffee is sweetening the pay package of new CEO J. Michael Jenkins with $875,000 worth of stock options.
LOS ANGELES--(BUSINESS WIRE)--Dec. 3, 1996--The Boston Group, L.P. is initiating coverage of Diedrich Coffee Inc. (NASDAQ:DDRX), with a "Buy" rating. DDRX should operate an 80-unit ......
HEADNOTE Diedrich Shares Perk Up; Chain Plans Slow Expansion The local coffeehouse chain that once had grand international ambitions has scaled back. The strategy could ......
In BW0216, (DIEDRICH-COFFEE) executes first franchise area development agreement, third graph, fourth line should read xxx Coffee Housepitality LLC (sted Coffee Hospitality)....
IRVINE, Calif.--(BUSINESS WIRE)--Nov. 3, 1998--Diedrich Coffee Inc. (Nasdaq: DDRX) is unaware of any reason for the above average trading activity in its stock today. Diedrich ......
IRVINE, Calif.--(BUSINESS WIRE)--June 30, 1998--Diedrich Coffee Inc. (Nasdaq: DDRX) a leading retailer, wholesaler and custom roaster of the world's finest coffees announced the rollout of ......
IRVINE, Calif.--(BUSINESS WIRE)--June 30, 1998--Diedrich Coffee Inc. (Nasdaq: DDRX) a leading retailer, wholesaler and custom roaster of the world's finest coffees announced the rollout of ......
IRVINE, Calif.--(BUSINESS WIRE)--Feb. 27, 1997--Steven A. Lupinacci, president and chief executive officer of Diedrich Coffee Inc. (NASDAQ:DDRX), Thursday announced that the company was unable to ......
IRVINE, Calif.--(BUSINESS WIRE)--Sept. 12, 1996--Diedrich Coffee Inc. (NASDAQ:DDRX) Thursday announced the initial public offering and commencement of trading of 2.2 million shares of common stock....
IRVINE, Calif.--(BUSINESS WIRE)--April 7, 1998--Diedrich Coffee, (Nasdaq: DDRX) a retailer, wholesaler, and roaster of the world's best and rarest coffees pulls another rare one. La ......
IRVINE, Calif.--(BUSINESS WIRE)--Dec. 9, 1998--Diedrich Coffee Inc. (NASDAQ:DDRX), a leading retailer, wholesaler and custom roaster of specialty coffee, Wednesday announced the company's results from operations ......
IRVINE, Calif.--(BUSINESS WIRE)--Feb. 12, 1997-- Acquisition will add six coffeehouses, wholesale distribution operation and roasting facility in San Diego Steven A. Lupinacci, president and chief ......
IRVINE, Calif.--(BUSINESS WIRE)--June 1, 1999-- Diedrich Coffee Inc. (NASDAQ:DDRX), a leading retailer, wholesaler and custom roaster of specialty coffees, Tuesday announced that it has signed ......
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