Coffee News: Coke Brewing A Hot Coffee Putsch
"New York -
Coca-Cola is making a run at hot coffee. Coke spokesman Andras Kallos tells Forbes that the company "is working on new initiatives for growth, and freshly brewed beverages certainly play a big part."
Put together a shopping list from 25 value plays in software, network security, memory and chips from Prudent Speculator TechValue Report.
On Thursday, Peter Slatin, editor of the Forbes/Slatin Real Estate Report, reported that Coke was opening a 4,000 square-foot store in Toronto, suggesting that Coke Coca-Cola (nyse: KO - news - people ) is testing the retail waters and perhaps looking to create a chain of establishments similar to the venerable one Starbucks (nasdaq: SBUX - news - people ) has already built. But Coke will have a lot of catching up to do with Starbucks in terms of ambiance."
Full article here.
Read More in: Coffee
Related Articles:
Came straight to this page? Visit The Cooking News for all the latest news.
Want to share this post with others? digg this and add to del.icio.us.
Posted by Jennifer at April 2, 2006 7:40 AM