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		<title>Starbucks to open 150 more European locations</title>
		<link>http://artrm.com/retail-news/2008/06/starbucks-to-open-150-more-european-locations/</link>
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		<pubDate>Thu, 12 Jun 2008 13:14:47 +0000</pubDate>
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				<category><![CDATA[News & Articles]]></category>
		<category><![CDATA[Burger King]]></category>
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		<category><![CDATA[Starbucks]]></category>
		<category><![CDATA[Starbucks Coffee]]></category>

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		<description><![CDATA[NEW YORK (Reuters) &#8211; Starbucks Corp (SBUX.O: Quote, Profile, Research) is boosting its European presence with plans to license 150 new locations in Britain, France and Germany over the next three years in a deal with UK group SSP, Starbucks said on Thursday. The coffee shops are to be opened at airports and railway stations [&#8230;] <a class="more-link" href="http://artrm.com/retail-news/2008/06/starbucks-to-open-150-more-european-locations/">&#8595; Read the rest of this entry...</a>]]></description>
				<content:encoded><![CDATA[<p>NEW YORK (Reuters) &#8211; Starbucks Corp (SBUX.O: Quote, Profile, Research) is boosting its European presence with plans to license 150 new locations in Britain, France and Germany over the next three years in a deal with UK group SSP, Starbucks said on Thursday.</p>
<p>The coffee shops are to be opened at airports and railway stations and come as the chain looks to offset a slumping U.S. market with overseas growth.</p>
<p>Earlier this month Starbucks opened its first coffee shop in Argentina through a Mexican partnership.</p>
<p>The European deal is Starbucks&#8217; largest licensing agreement outside the United States, according to The Wall Street Journal, and could test Europeans&#8217; appetite for yet more take-out coffee.</p>
<p>&#8220;This collaboration aligns with our strategy to accelerate growth in our international business,&#8221; Starbucks CEO Howard Schultz said in a statement.</p>
<p>&#8220;It provides us with a strong platform to further expand the Starbucks brand across Europe.&#8221;</p>
<p>SSP is a food-retail operator that already runs three airport Starbucks and also operates Burger King and Pizza Hut outlets.</p>
<p>In November Starbucks reported its first quarterly drop in U.S. customer traffic to established stores and the trend has continued.</p>
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