{"id":740,"date":"2018-05-08T00:00:00","date_gmt":"2018-05-08T00:00:00","guid":{"rendered":"http:\/\/en.ctma.com.cn\/index.php\/2018\/05\/08\/starbucks-expands-retail-reach-in-7b-deal-with-nestle\/"},"modified":"2018-05-08T00:00:00","modified_gmt":"2018-05-08T00:00:00","slug":"starbucks-expands-retail-reach-in-7b-deal-with-nestle","status":"publish","type":"post","link":"https:\/\/en.ctma.com.cn\/index.php\/2018\/05\/08\/starbucks-expands-retail-reach-in-7b-deal-with-nestle\/","title":{"rendered":"Starbucks Expands Retail Reach in $7B Deal with Nestl\u00e9"},"content":{"rendered":"<h2>Swiss food giant to sell chain\u2019s packaged coffee worldwide<\/h2>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s25491.pcdn.co\/wp-content\/uploads\/2018\/05\/Starbucks_CPG_cupholder_1.jpg\">Starbucks is expanding the global distribution of its packaged coffee and single-serve pods under a $7 billion cash deal with Swiss food giant Nestl\u00e9, which owns Nespresso and Dolce Gusto coffee systems.<\/p>\n<p>Nestl\u00e9 is paying Seattle-based Starbucks $7.15 billion for the rights to market, sell, and distribute at-home packaged coffee and tea for the following brands: Starbucks, Seattle\u2019s Best Coffee, Starbucks Reserve, Teavana, Starbucks VIA and Torrefazione Italia.<\/p>\n<p>The deal, expected to close by Oct. 1, includes adding Starbucks-branded flavors to Nestle\u2019s premium single-serve capsule systems: Nespresso and Dolce Gusto.<\/p>\n<p>   Advertisement    <\/p>\n<p>CEO Kevin Johnson said Nestle\u2019s reach and scale will instantly amplify the brand across global foodservice channels.<\/p>\n<p>\u201cThis is a big unlock for growth,\u201d Johnson told investors during a special conference call held Monday morning to discuss the deal.<\/p>\n<p>Nestl\u00e9 said the Starbucks packaged coffee agreement provides a significant boost to the company\u2019s coffee business, which is the company\u2019s largest growth category.<\/p>\n<p>\u201cWith Starbucks,&nbsp;Nescaf\u00e9&nbsp;and&nbsp;Nespresso&nbsp;we bring together three iconic brands in the world of coffee,\u201d Nestle CEO Mark Schneider said in a statement. \u201cThis is a great day for coffee lovers around the world.\u201d<\/p>\n<p>Analysts noted that Starbucks\u2019 core business would likely benefit from the additional brand exposure.<\/p>\n<p>\u201cStarbucks will gain meaningful help in market segments in which it has little-to-no presence at present, which over time should help its Starbucks-brand retail stores in those markets,\u201d said analyst Mark Kalinowski of Kalinowski Equity Research.<\/p>\n<p>The deal does not include the chain\u2019s popular ready-to-drink line of beverages. PepsiCo still distributes those drinks, which have grown into a more than $2 billion retail business.<\/p>\n<p>Nestl\u00e9 said about 500 Starbucks employees will join the Nestl\u00e9 family as part of the deal. Operations will continue to be based in Seattle, Nestle said.<\/p>\n<p><img decoding=\"async\" class=\"aligncenter\" src=\"https:\/\/s25491.pcdn.co\/wp-content\/uploads\/2017\/07\/nations-restaurant-news-250.png\">This article was originally published in .<\/p>\n<h3>Related Posts:<\/h3>\n<ul>\n<li><\/li>\n<li><\/li>\n<li><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Swiss food giant to sell chain\u2019s packaged coffee worldwide Starbucks is expanding the global distribution of its packaged coffee and single-serve pods under a $7 billion cash deal with Swiss food giant Nestl\u00e9, which owns Nespresso and Dolce Gusto coffee systems. Nestl\u00e9 is paying Seattle-based Starbucks $7.15 billion for the rights to market, sell, and<\/p>\n<p><a href=\"https:\/\/en.ctma.com.cn\/index.php\/2018\/05\/08\/starbucks-expands-retail-reach-in-7b-deal-with-nestle\/\" class=\"btn frontech-btn\"><span><\/span>Read More<\/a><\/p>\n","protected":false},"author":41,"featured_media":741,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"_links":{"self":[{"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/posts\/740"}],"collection":[{"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/comments?post=740"}],"version-history":[{"count":0,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/posts\/740\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/media\/741"}],"wp:attachment":[{"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/media?parent=740"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/categories?post=740"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ctma.com.cn\/index.php\/wp-json\/wp\/v2\/tags?post=740"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}