date:Jan 27, 2014
First-quarter net earnings grew 25% for Starbucks Coffee Co. Howard Schultz, chairman, president and chief executive officer, pointed to on-line sales as a reason for the growth.
Holiday 2013 was the first in which many traditional bricks-and-mortar retailers experienced in-store foot traffic to give way to on-line shopping in a major way, he said in a Jan. 23 earnings conference call. Customers researched, compared prices and then bought the brands and items they wanted on-line, frequently usi