Starbucks acquires full ownership of select stores in China
Seattle — Starbucks Corp. announced it has acquired full ownership of Starbucks stores in the China provinces of Guangdong, Hainan, Sichuan, Shaanxi and Hubei in an agreement with Maxim’s Caterers Ltd., the coffee company’s joint-venture partner. As a result, Starbucks said now has full control of more than half of the Starbucks retail stores in Mainland China as it looks to accelerate growth in the future.
“Full ownership of our stores in Central, South and Western China is part of our broader strategy to build China as our second home market outside of the U.S. and allows us to accelerate growth as we look to achieve our goal of having 1,500 stores across the country by 2015,” said John Culver, president, Starbucks Coffee International.
As part of the agreement, Maxim’s has acquired Starbucks’s remaining equity stake in the Hong Kong and Macau markets.
Roundy’s Supermarkets selects Grandville Printing for digital in-store signs
Grand Rapids, Mich. — Roundy’s Supermarkets has signed a contract with Grandville Printing Co. (GPC) to digitally print in-store shelf tags and price signs every week.
Roundy’s has fully deployed the GPC Nexgen program where shelf edge tags and price signs are delivered bursted and boxed in planogram order by aisle for each individual store.
"GPC’s ability to deliver pre-burst and sorted tags has increased the efficiency of store-level pricing execution, which allows us to place more focus on serving our customers," said Jason Benish, VP of pricing and strategic initiatives for Roundy’s, which operates 155 grocery stores and 92 pharmacies under the Pick ‘n Save, Copps, Rainbow, Metro Market and Mariano’s Fresh Market banners in Wisconsin, Minnesota and Illinois.
Roundy’s tags are now centrally printed using HP Indigo digital presses, cut and packaged in planogram order, boxed and delivered every week for delivery to the stores. Roundy’s pricing and marketing departments now have the ability to make changes faster and benefit from relevant messaging to consumers at the shelf.
Pantry operations chief resigns
Cary, N.C. — The Pantry said Tuesday that its senior VP operations Brad Williams has decided to leave the company after 13 years.
The c-store operator said it has launched a search for a replacement. In the interim, operations personnel will report to Terry Marks, president and CEO.