Starbucks Coffee Company (Nasdaq:SBUX) and Fresh Choice, Inc. (Nasdaq:SALD) have signed a licensing agreement that will bring the leader in specialty coffee into select Fresh Choice Express restaurants.
The first licensed location will be unveiled in early November when a Fresh Choice Express opens in the recently completed “Shops at Willow Bend” in Plano, Texas. Additional licensed locations in select Fresh Choice Express restaurants will be determined jointly by Starbucks and Fresh Choice.
“We look forward to our relationship and extending the Starbucks Experience to Fresh Choice patrons,” said Hank Suerth, senior vice president, Business Alliances for Starbucks.
Under the agreement, fully-branded licensed Starbucks locations will be an integrated element into Fresh Choice Express restaurants and will offer handcrafted espresso beverages, drip coffee and a selection of freshly baked pastries. Fresh Choice Express restaurants feature a selection of fresh salads, signature soups, baked potatoes and made-to-order grilled sandwiches.
“The relationship with Starbucks underscores Fresh Choice’s commitment to offer only the best products to its customers,” said Everett (Jeff) Jefferson, president and CEO of Fresh Choice, Inc. “We see a real benefit in linking together two concepts, strengthening the appeal of the Fresh Choice Express brand, and providing multiple food and beverage options for our guests.”
About Fresh Choice, Inc.
Fresh Choice, Inc. (main business line) operates self-service restaurants, offering specialty and traditional salads, hot pasta dishes, soups, bakery goods and desserts. Of the 49 restaurants operated by Fresh Choice, 46 operate under the Fresh Choice and Zoopa names, and three operate under the Fresh Choice Express name. The company operates 37 restaurants in California, four restaurants in Washington and eight restaurants in Texas, including the three Fresh Choice Express restaurants. Fresh Choice Express is a unique branded small space restaurant targeted for mall locations and office spaces. The company is based in Morgan Hill, California.
About Starbucks Coffee Company
Starbucks Coffee Company is the leading retailer, roaster and brand of specialty coffee in the world. In addition to its retail locations in North America, the United Kingdom, continental Europe, the Middle East and the Pacific Rim, Starbucks sells coffee and tea products through its specialty operations, including its online store at Starbucks.com. Additionally, Starbucks produces and sells bottled Frappuccino® coffee drink and a line of superpremium ice creams through its joint venture partnerships. The Company’s other brands enhance the Starbucks Experience through best-of-class products: Tazo® Tea Company offers a line of innovative premium teas, and Hear Music produces and distributes a line of exceptional compact discs.
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