COFFEE INDUSTRY NEWS: Starbucks net income drops 97%

For news on the coffee industry...

New York Times stated on Nov. 10, 2008, "In a sharp economic downturn, fewer people are in the mood to indulge. On Monday, the chain reported net income dropped 97 percent, capping a turbulent year in which the company tried to get ahead of the economic slowdown by closing stores and laying off employees."

Also, "Starbucks is now slowing the proliferation of its stores, which made it ubiquitous in American cities, but also a source of comedy to many. The company plans to end the 2009 fiscal year with 225 fewer company-owned stores than at the beginning of the year."

For whole story click here.
On a side note, if going to Starbucks each day is getting hard for you, Vienna Coffee Company invites you to make your own specialty drinks at home with our selection of Espresso coffees. We also are a supplier of at home espresso machines. Likewise, supporting the small local coffee shops around you is always a big help to your local economy, especially during the economic downturn!
(These are images of Grounded in Maryville, Tennessee and Brown Cup Coffee Co. in Lenoir City).

Youth Appreciation Week


In celebration of Youth Appreciation Week, we'd love for you to check out Coffee Kids. 
This organization's mission is to "help coffee-farming families improve the quality of their lives." To achieve this mission Coffee kids staff works with local organizations in Latin America to create education, health care, micro-credit, and community based programs for coffee farmers and their families. These efforts allow coffee farmers to reduce their dependence on the volatile coffee market and to confront the most pressing community needs. Check out their website for more information.

WEEKLY DEAL: Holiday Memory

In preparation for the holidays, we would love to hear about your holiday memories. If you comment on this blog about one of your fondest, exciting, strange, sad, wacky, etc memories you can receive a free sample pack of VCC coffee!!!

For example, this memory was a huge thanksgiving meal we had while I was living in Cincinnati. A bunch of my friends came together and had a potluck thanksgiving feast. Ummm... good food, good friends! We actually got bmx guys to cook... Now that's a huge deal!

Let us know about your holiday story!