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Starbucks Ventures into New Territory. Matt Wallace Kazandra King. Roy Street Coffee & Tea/15th Ave E. Coffee & Tea. Inspired by Starbucks Opened January 1 st Only two locations in Seattle area Less cookie cutter feel Have a more organic feel
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Starbucks Ventures into New Territory Matt Wallace Kazandra King
Roy Street Coffee & Tea/15th Ave E. Coffee & Tea • Inspired by Starbucks • Opened January 1st • Only two locations in Seattle area • Less cookie cutter feel • Have a more organic feel • Uses many recycled items as decorations in store
The Big Difference • Roy Street Coffee & Tea/15th serves beer, wine, and more food • Stays open later • Starbucks is trying to attract the high end customer that may have ventured away. • Focuses on individuality
Will It Work? • Starbucks tried similar strategy before • Using Roy/15th Ave. to rebuild image of a specialty brand • Caribou Coffee • Peet’s Coffee & Tea • Seems to be doing alright but too early to tell • Customer reviews are positive • Will they make the same mistake?
Questions? Sources • http://www.reuters.com/article/idUSTRE6330N020100404 • http://news.starbucks.com/article_display.cfm?article_id=297 • http://seattletimes.nwsource.com/html/coffeecity/2010291075_starbucks_opens_roy_street_cof.html