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Readers Brew New Starbucks Angle

05/05/08 - 09:09 AM EDT

Marek Fuchs

Schultz, of course, made taste an issue in a recent round of publicity that involved closing the stores to give baristas a primer on how to brew better coffee. The company has also reintroduced Pike Peak, a decidedly mellow blend and even showcased it with a free giveaway, if via a poorly written promotional card that I had a good honk and snort over with a couple of readers. Here was the card which had you wondering whether you were allowed a free coffee each Wednesday or only one solitary free cup, after bringing the card in over all those Wednesdays: "Bring this card into your neighborhood Starbucks every Wednesday now through May 28 and receive one tall cup of Pike Place Roast on us."

Mike from Florida, in referring my kitchen table videos, said that I needed to get out more, both for my own health and to do research on how simple the solutions to the company's problems might be. Mike, I don't get out much, but when I do it's always to Starbucks. And getting back to basics? Well, between the fractured state of the stores and the comparative earnings, they are looking more like Gap every day.




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At the time of publication, Fuchs had no positions in any of the stocks mentioned in this column.

Marek Fuchs was a stockbroker for Shearson Lehman Brothers and a money manager before becoming a journalist who wrote The New York Times' "County Lines" column for six years. He also did back-up beat coverage of The New York Knicks for the paper's Sports section for two seasons and covered other professional and collegiate sports. He has contributed frequently to many of the Times' other sections, including National, Metro, Escapes, Style, Real Estate, Arts & Leisure, Travel, Money & Business, Circuits and the Op-Ed Page. For his "Business Press Maven" column on how business and finance are covered by the media, Fuchs was named best business journalist critic in the nation by the Talking Biz website at The University of North Carolina School of Journalism and Mass Communication. Fuchs is a frequent speaker on the business media, in venues ranging from National Public Radio to the annual conference of the Society of American Business Editors and Writers. Fuchs appreciates your feedback; click here to send him an email.


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