Dollar Tree, Inc. announces that it has completed the acquisition of Family Dollar Stores, Inc.

  • Creates combined organization with sales exceeding $19 billion annually with more than 13,600 stores across 48 states and five Canadian provinces
  • Gary Philbin named President and Chief Operating Officer of Family Dollar Stores

CHESAPEAKE, Va., 2015-7-7 — /EPR Retail News/ — Dollar Tree, Inc. (NASDAQ: DLTR), North America’s leading operator of discount variety stores selling everything for $1 or less, announced today that it has completed the acquisition of Family Dollar Stores, Inc., a leading national discount retailer offering name brands and quality, private brand merchandise.

“We are pleased to announce we have completed our acquisition of Family Dollar and we formally welcome the Family Dollar team to the Dollar Tree organization,” stated Bob Sasser, Chief Executive Officer. “This is a transformational opportunity for our business to offer broader, more compelling merchandise assortments, with greater values, to a wider array of customers. This acquisition will extend our reach to low-income customers, while strengthening and diversifying our footprint. We plan to leverage best practices across both organizations to deliver significant cost synergies. Combined, our growth potential is enhanced with improved opportunities to increase store productivity and to open more stores across multiple banners.”

Under the terms of the merger agreement first announced and unanimously approved by each company’s Board of Directors in July 2014, Family Dollar shareholders are entitled to receive $59.60 in cash and 0.2484 of a share of Dollar Tree common stock for each share of Family Dollar common stock.

The Company also announced that Gary Philbin, age 58, has been named President and Chief Operating Officer of Family Dollar, effective immediately. In his new role, Mr. Philbin will continue to report to Bob Sasser. Mr. Philbin joined Dollar Tree as Senior Vice President of Stores in December 2001, and was later promoted to Chief Operating Officer in March 2007 and to President in June 2013. Prior to joining Dollar Tree, Mr. Philbin held senior-level positions in both merchandising and operations during his thirty years in the retail grocery industry.

“I am very proud to announce that Gary will be taking on his new leadership role of Family Dollar Stores,” Sasser said. “Gary has played an integral role in the success of Dollar Tree over the past fourteen years. Notably, Gary was instrumental in improving the Dollar Tree customer shopping experience and the related customer satisfaction, as well as leading the integration following our Canadian acquisition in 2010.”

Philbin stated, “I am very pleased to have the opportunity to lead the Family Dollar team. Throughout the due diligence and integration planning processes, I have been impressed with the experience, talent and dedication of the Family Dollar team members. Our focus as an organization will be on the customer – by consistently providing great values, affordable prices, and relevant items in a store environment that is convenient, clean, reliable and efficient. We are well-prepared for the integration process, which is now under way.”

Additionally, the Company announced that Howard R. Levine, Chief Executive Officer of Family Dollar, has been appointed to Dollar Tree’s board of directors, effective immediately.

Sasser concluded, “We appreciate the efforts, dedication and teamwork displayed by both Dollar Tree and Family Dollar associates throughout our integration planning processes. We are well-prepared to integrate our two companies.”

Strategic Rationale

  • Creates a leading discount retailer in North America. The combined organization will operate more than 13,000 stores in 48 states and five Canadian provinces, with sales exceeding $19 billion annually and over 145,000 associates.
  • Complementary business model across fixed- and multi-price point. Dollar Tree is the nation’s leading operator of fixed-price point stores, selling everything for $1 or less, and Family Dollar is a leading national operator of multi-price point stores providing value-conscious consumers with a selection of competitively priced merchandise in convenient neighborhood stores. The Company intends to retain and to grow both banners going forward and will optimize the combined real estate portfolio.
  • Targets broader range of customers and geographies. Dollar Tree targets customers within a broad range of Middle America with stores located primarily in suburban areas and Family Dollar targets low- and lower-middle income households through its urban and rural locations. The transaction enables Dollar Tree to serve a broader range of customers and deliver even greater value to them.
  • Leverages complementary merchandise expertise. Dollar Tree’s merchandise mix consists of a balance between consumable merchandise and variety/seasonal merchandise. Family Dollar’s assortment consists primarily of consumable merchandise and home products. The complementary offerings enable the Dollar Tree and Family Dollar brands to expand categories and to deliver a broader, more compelling assortment to all customers.
  • Generates significant synergy opportunities. Dollar Tree expects to generate significant efficiencies through sourcing and procurement, format optimization, SG&A leverage, and its distribution network. The Company anticipates that the transaction will result in an estimated $300 million of annual run-rate synergies to be fully realized by the end of the third year post-closing.
  • Enhanced financial performance and improved growth prospects. Dollar Tree will be better positioned to invest in existing and new markets and channels and to grow its store base across multiple brands. The combined company expects to generate significant free cash flow, enabling it to pay down debt rapidly.

J.P. Morgan Securities LLC acted as exclusive financial advisor to the board of directors of Dollar Tree, and J.P. Morgan Chase Bank, N.A. committed to provide bridge financing for the transaction. Wachtell, Lipton, Rosen & Katz and Williams Mullen acted as legal counsel to Dollar Tree in connection with the transaction. Morgan Stanley & Co. LLC acted as exclusive financial advisor to the board of directors of Family Dollar in connection with the transaction. Cleary Gottlieb Steen & Hamilton LLP acted as legal counsel to Family Dollar in connection with the transaction.

About Dollar Tree, Inc.

Dollar Tree, a Fortune 500 Company, now operates more than 13,600 stores across 48 states and five Canadian provinces. Stores operate under the brands of Dollar Tree, Dollar Tree Canada, Deals and Family Dollar. To learn more about the Company, visit www.DollarTree.com.

Forward Looking Statements

A WARNING ABOUT FORWARD-LOOKING STATEMENTS: Our press release contains “forward-looking statements” as that term is used in the Private Securities Litigation Reform Act of 1995. Forward-looking statements address future events, developments or results and typically use words such as believe, anticipate, expect, intend, plan, forecast, or estimate. For example, our forward-looking statements include statements regarding the merger with Family Dollar, including the benefits, results and effects of the merger, future financial and operating results, including estimated synergies, expectations concerning the combined company’s plans, objectives, expectations (financial or otherwise) and intentions. Risks and uncertainties related to the proposed merger include, among others, difficulties related to integration of the proposed merger and our ability to obtain cost savings and synergies contemplated by the merger, unexpected costs, charges or expenses resulting from the proposed merger, and the outcome of pending or potential litigation or governmental investigations. For a discussion of the risks, uncertainties and assumptions that could affect our future events, developments or results, you should carefully review the “Risk Factors,” “Business,” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” sections in our Annual Report on Form 10-K filed March 13, 2015. We are not obligated to release publicly any revisions to any forward-looking statements contained in this press release to reflect events or circumstances occurring after the date of this report and you should not expect us to do so.

CONTACT:
Dollar Tree, Inc.
Randy Guiler, 757-321-5284
Vice President, Investor Relations www.DollarTree.com

Harris Teeter donates over $759,000 to the USO and Wounded Warrior Project® to support our troops and their families

Company Thanks Customers for Generous Participation

Matthews, N.C., 2015-7-7 — /EPR Retail News/ — Harris Teeter announced today that it is donating over $759,000 to the USO and Wounded Warrior Project® (WWP), two organizations committed to supporting our troops and their families. The donation was made possible thanks to generous contributions from Harris Teeter shoppers and valued associates during the Company’s point of purchase donation card campaign called Support Our Troops.

Harris Teeter hosted the donation card campaign throughout the month of May, and shoppers were invited to make $1, $3 or $5 donations to Support Our Troops at checkout.  The $759,000 donation announced today brings the amount donated to Support Our Troops since the campaign’s inception in 2012 to over $2.89 million.

The money contributed by Harris Teeter’s shoppers and valued associates will help fund important programs and services for our troops, wounded service members and their families.

It will allow the USO to deliver valuable programs, entertainment and services that make a difference in the lives of service members and their families throughout their journey in the military. Harris Teeter’s contribution helps the USO support the millions of men and women who make up our nation’s military community, through programs, like these:

  • Operation Phone Home®, helps keep service men and women connected to their loved ones during deployments. Through this highly requested program, more than 1.4 million calls were made by deployed troops in 2014.
  • Warrior and Family programs that address critical resiliency and family reintegration support, with focus on Post Traumatic Stress Disorder (PTSD), Traumatic Brain Injury (TBI), suicide prevention and stress management.
  • USO Transition 360 Alliance’s Employment Events support active-duty troops, wounded, ill and injured troops, their spouses and caregivers as they transition out of the military and search for new careers. The events focus on resume writing, mock interviews and translating prior military experience into a civilian career.
  • The Special Delivery program provides baby showers for military moms-to-be, who have often not experienced a baby shower and are far away from their support network. More than 1,100 military spouses and expectant active-duty mothers have enjoyed this USO program since it began in August 2013.

Specifically, it will help WWP:

  • Engage more injured service members, their families, and their communities. WWP’s goal is to ensure more than 70,000 warriors and 11,000 family members registered with our Alumni program are receiving access to our 20 free programs and services.
  • Economically empower more injured service members. WWP’s goal is to employ 2,500 warriors through part- or full-time opportunities through the Warriors to Work program.
  • Ensure more warriors pursue life goals without the barriers and stigma associated with mental health. WWP’s goal is to serve 3,018 warriors through outdoor rehabilitative retreats in Project Odyssey.
  • Encourage more warriors to live healthy and active lives through fun, educational activities. WWP’s goal is to serve more than 12,000 warriors, their families, and caregivers through Physical Health & Wellness programs.

Harris Teeter, along with the USO and WWP, thanks its valued customers and associates who participated in the Support Our Troops campaign.

Please click here to learn more about Support Our Troops and watch a message of thanks from our nonprofit partners.

 

About the USO
The USO lifts the spirits of America’s troops and their families millions of times each year at hundreds of places worldwide. We provide a touch of home through centers at airports and military bases in the U.S. and abroad, top quality entertainment and innovative programs and services. We also provide critical support to those who need us most, including forward-deployed troops, military families, wounded warriors, troops in transition and families of the fallen. The USO is a private, non-profit organization, not a government agency. Our programs and services are made possible by the American people, support of our corporate partners and the dedication of our volunteers and staff.

In addition to individual donors and corporate sponsors, the USO is supported by President’s Circle Partners: American Airlines, AT&T, BNSF Railway, Clark Construction Group, LLC, The Coca-Cola Company, JCPenney, Jeep, Johnson & Johnson, Kroger, Northrop Grumman Corporation and TriWest Healthcare Alliance and Worldwide Strategic Partners: BAE Systems, BIC, The Boeing Company, ConAgra Foods, FedEx, GEICO, Harris Teeter, Lockheed Martin, Microsoft Corporation, Procter & Gamble, TKS Telepost Kabel-Service Kaiserslautern GmbH & Co. KG and Wawa Inc. We are also supported through the United Way and Combined Federal Campaign (CFC-11381).  To join us in this important mission, and to learn more about the USO, please visit uso.org.

About Wounded Warrior Project
The mission of Wounded Warrior Project® (WWP) is to honor and empower Wounded Warriors. WWP’s purpose is to raise awareness and to enlist the public’s aid for the needs of injured service members, to help injured servicemen and women aid and assist each other, and to provide unique, direct programs and services to meet their needs. WWP is a national, nonpartisan organization headquartered in Jacksonville, Florida. To get involved and learn more, visit woundedwarriorproject.org.

Hy-Vee employees honored during the annual FMI Connect conference in Chicago hosted by the Food Marketing Institute last month

WEST DES MOINES, Iowa, 2015-7-7 — /EPR Retail News/ — Nine Hy-Vee, Inc. employees were recently recognized for their excellence after winning industry competitions.

Hy-Vee employees in various positions were honored during the annual FMI Connect conference in Chicago, one of the industry’s largest trade shows, hosted by the Food Marketing Institute last month.

Brian Wilken, store director at the Charles City Hy-Vee in Iowa, was named a 2015 Store Manager Award winner for his work generating sales growth, providing great customer service, contributing to company goals and serving his community. Wilken’s nomination detailed his on-the-floor management style, his mentoring of employees and his ability to build great relationships within his community.

Julie McMillin, RD, LD, assistant vice president of retail dietetics for Hy-Vee, was named the 2015 Retail Dietitian of the Year by the Retail Dietitians Business Alliance during the FMI Connect conference. The award recognizes a professional who shows leadership in utilizing business skills and industry knowledge to positively impact consumer behavior change through the retail sector.

Three Hy-Vee chefs took home honors at the 2015 Supermarket Chef Showdown. Fifteen chefs across five categories competed in FMI’s showdown, now in its third year. The chefs cooked their dishes in front of a live audience at the FMI Connect conference. Entrants were judged on taste, presentation, creativity and consumer appeal.

Elizabeth Davis, chef at the Edgewood Road Hy-Vee in Cedar Rapids, Iowa, won first place in the holiday platters category for her yu sheng citrus salad platter and was named the competition’s Grand Champion; Amy Gleason, chef at the Linden Market Hy-Vee in Omaha, Nebraska, won the breakfast category for her cinnamon-scented faro parfait; and Bryan Williams, chef at the Rock Bridge Hy-Vee in Columbia, Missouri, won the dessert category for his red curry and coconut bread pudding.

Dale Schoenefeld, produce manager at the Watertown Hy-Vee in South Dakota, became Hy-Vee’s 11th produce manager to be named a grand prize winner at the annual United Fresh Produce Show, held in conjunction with FMI Connect. Schoenefeld was recognized for his excellent customer education and sampling programs, successful Facebook promotions and eye-catching special displays.

Schoenefeld, one of five grand prize winners named, was selected from a field of 25 Produce Managers of the Year representing supermarkets and retail stores across the United States. Nominations were judged in categories, including efforts to increase produce consumption through excellence in merchandising; special displays and promotions; community service; and commitment to customer satisfaction.

In addition to the honors at FMI Connect, Brittany Love, a barista and manager at the Starbucks kiosk in the Applewood Hy-Vee in Omaha, Nebraska, was named a 2015 Starbucks Barista Champion. Competitors were judged in three categories: barista craft; signature beverage; and personal coffee tasting/sharing coffee knowledge.

Two Hy-Vee employees were awarded Börgen Cup honors at the annual International Floriculture Expo, which recognizes the best floral merchandising displays and encourages supermarket florists to strive for excellence in creativity and quality.

Cheryl Overland, floral manager at the Albert Lea Hy-Vee in Minnesota, received the Börgen Cup Merchandising Award of Excellence. Beth Hennessy, floral manager at the Oakland Road Hy-Vee in Cedar Rapids, Iowa, received the Börgen Cup for best signage.

Each year, the Börgen Cup honors supermarkets and mass merchants in the United States and Canada for the creativity and quality of merchandising in their floral departments in four categories: color harmony, cross-merchandising, signage and theme development. A panel from Super Floral Retailing judged the more than 100 entries this year. Hy-Vee has had 20 Börgen Cup winners since 2005.

Full list of Hy-Vee’s honorees:

  • FMI Store Manager of the Year
    Brian Wilken, store director of the Charles City Hy-Vee in Charles City, Iowa
  • Retail Dietitians Business Alliance Retail Dietitian of the Year
    Julie McMillin, assistant vice president of retail dietetics for Hy-Vee
  • FMI Supermarket Chef Showdown Grand Champion and Holiday Platters Category Winner
    Elizabeth Davis, chef at the Edgewood Road Hy-Vee in Cedar Rapids, Iowa
  • FMI Supermarket Chef Showdown Breakfast Category Winner
    Amy Gleason, chef at the Linden Market Hy-Vee in Omaha, Nebraska
  • FMI Supermarket Chef Showdown Dessert Category Winner
    Bryan Williams, chef at the Rock Bridge Hy-Vee in Columbia, Missouri
  • United Fresh Produce Manager of the Year Grand Prize Winner
    Dale Schoenefeld, produce manager at the Watertown Hy-Vee in Watertown, South Dakota
  • Starbucks Barista Champion
    Brittany Love, barista and Starbucks kiosk manager at the Applewood Hy-Vee in Omaha, Nebraska
  • Börgen Cup Merchandising Award of Excellence
    Cheryl Overland, floral manager at the Albert Lea Hy-Vee in Albert Lea, Minnesota
  • Börgen Cup Award for Best Signage
    Beth Hennessy, floral manager at the Oakland Road Hy-Vee in Cedar Rapids, Iowa

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Hy-Vee, Inc. is an employee-owned corporation operating more than 235 retail stores across eight Midwestern states with sales of $8.7 billion annually. Hy-Vee ranks among the top 25 supermarket chains and the top 50 private companies in the United States. Supermarket News, the authoritative voice of the food industry, has honored the company with a Whole Health Enterprise Award for its leadership in providing services and programs that promote a healthy lifestyle. For more information, visit www.hy-vee.com.

Rite Aid Corporation announces that Paul Zikmund is joining Rite Aid as group VP of risk and controls

CAMP HILL, PA, 2015-7-7 — /EPR Retail News/ — Rite Aid Corporation (NYSE: RAD) announced today that Paul Zikmund, a risk management professional with nearly 30 years of experience, is joining Rite Aid as group vice president of risk and controls.

In this new position, Zikmund will oversee the risk management program for Rite Aid as well as its subsidiaries, RediClinic, Health Dialog and EnvisionRx. Zikmund will report to Tony Bellezza, Rite Aid senior vice president and chief compliance officer.

“Paul comes to Rite Aid with significant experience in enterprise risk management, having held a variety of positions spanning several industries over the course of his career,” said Bellezza. “His extensive background in organizational compliance, as well as the development and administration of enterprise risk management solutions, will be extremely valuable to Rite Aid as we continue to expand our governance, risk and compliance program.”

Most recently, Zikmund served as director of global ethics and compliance at Bunge, a leading global agribusiness and food company headquartered in White Plains, N.Y., where he was responsible for implementing the Company’s fraud, ethics and compliance risk management programs. Before joining Bunge in 2011, Zikmund held senior positions at Tyco International, Inc., SolomonEdwards and Deloitte & Touche, LLP, serving in a variety of risk management functions.

Zikmund received a bachelor’s degree in administration of justice from the University of Pittsburgh; a master’s of accountancy degree from Auburn University; a master’s of business administration degree from the University of Connecticut and a master’s of business ethics and compliance degree from the New England College of Finance. He also received his certificate in corporate ethics and compliance management (CECM) from Saint Louis University and has served as a board member for several professional associations including the Association of Certified Fraud Examiners and the National Association of Certified Valuation Analysts.

Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2015 annual revenues of $26.5 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com.

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Contact:

Investors: Matt Schroeder 717-214-8867 or investor@riteaid.com

Media: Ashley Flower 717-975-5718

Starbucks launches new food and snack menu for the summer months

SEATTLE, 2015-7-7 — /EPR Retail News/ — Starbucks designs menus to meet the needs of customers at different times of the day and evening. During the summer months, this means creating meals for plane travel or road trips as well as portable food perfect for spontaneous picnics and after work snacks.

“Bistro boxes are the epitome of portable, flexible, grab and go food,” said Melodie Beal, Starbucks product development manager, Food Innovation. “Building on the success of the Protein Bistro Box and Thai-Style Peanut Chicken Wrap, we’re adding the Omega-3 Bistro Box this summer.”

Beal was instrumental in developing this new box, which was provides a nutrient-rich on-the-go option that can be eaten any time of day. The Omega-3 Bistro Box features Smoked wild Alaskan salmon cream cheese spread, edamame hummus, Omega-3-infused trail mix with dark chocolate chunks, wheat-free crackers and cucumbers.

“Customers have been asking for bistro boxes that are good for you and taste delicious as well,” Beal said. “We looked at a list of foods with Omega-3s and started with those foods.”

Also new is a Prosciutto and Mozzarella Pinwheel Bistro Box that is being tested in Orlando and San Diego. It features Prosciutto-wrapped mozzarella, lemon artichoke dip, olive oil and sea salt crackers, bell peppers, grapes and a chocolate truffle bar.

Making Time for a Quick Bite

In addition to customer feedback, research shows that snacks represent 50% of what Americans eat each day according to Modern Eating: Cultural Roots, Daily Behaviors, a 2013 study by the Hartman Group. Whether in-the-moment snacking or “snack planning,” customers can find a range of small meals at Starbucks® stores from wholesome bites to indulgent treats. This summer, select stores will feature a curated selection of innovative, delicious snacks made by 13 companies.

“Since so many people are snacking these days, we decided to increase the number of snacks we offer in our stores,” said Ellie Halevy, Starbucks vice president, Food. “We looked for companies that could help us provide a wider variety of options both sweet and savory.”

The collection of snacks will be available in 3,400 Starbucks® stores in major metropolitan areas. They will launch in areas where the majority of customers are looking to grab a snack or an interesting new treat as they quickly move to their next destination.

Enhancing Traditional Meals

In addition to the new selection of snacks, Starbucks will provide unique lunch and dinner options. For customers who have requested a heartier sandwich, the new BBQ Beef Brisket on Sourdough offers flavors reminiscent of an outdoor barbecue.

“The recipe was inspired by our product development team’s West Coast roots,” said Halevy. “This sandwich was crafted with high-quality ingredients including iconic San Francisco-Style Sourdough, roasted onions braised in Gordon Biersch Blonde Bock Beer and Sonoma Jack cheese, both from Northern California.”

Another change for Starbucks® sandwiches is an updated Chicken Santa Fe Sandwich. It will now feature an Ancient Grain Flatbread, similar to the Chicken Artichoke Panini that was introduced earlier this year.

“We received rave reviews from customers about our Ancient Grain Flatbread because of its rich, Southwestern flavor and crunchy texture,” said Halevy. “We all agreed that it would be the perfect way to enhance the Chicken Santa Fe Sandwich.”

Several of these new treats in Starbucks® stores are seasonal, like the new Raspberry Chocolate Chip scone that will replace the Cranberry Orange scone for the summer. The collection of snacks will be available while supplies last through September.

The Omega-3 Bistro Box may not be available in New York.

View our fact sheets for complete product details for all summer offerings.

For more information on this news release, contact us.

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Starbucks launches new food and snack menu for the summer months

Starbucks launches new food and snack menu for the summer months

Starbucks expands its small-batch Cold Brew iced coffee as a core menu item in participating stores across US and Canada

SEATTLE, 2015-7-7 — /EPR Retail News/ — Just in time for the heat of summer, Starbucks is expanding its popular small-batch Cold Brew iced coffee as a core menu item in participating stores across the U.S. and Canada.

Cold Brew is the latest in a series of new coffee experiences at Starbucks that showcase the passion baristas have for coffee, and allow customers to learn more about the craft of roasting and brewing Starbucks beverages.

How to Make Starbucks Cold Brew

Starbucks baristas freshly grind Starbucks® Cold Brew Blend coffee, created specifically for the cold brewing method, and then steep it in a container of cool water for 20 hours. This artisanal process results in cold coffee concentrate that baristas measure and top with water and ice and serve unsweetened.

Traditional iced coffee is made by brewing hot coffee at double-strength and pouring over ice, while iced espresso beverages such as an Iced Americano are made by combining espresso shots with water and ice. The Cold Brew crafting method – which never comes in contact with heat – creates a naturally sweet, smooth iced coffee.

Aubrey Hensley, a shift supervisor and Coffee Master at the Starbucks store at 45th & Broadway in New York, has been crafting Cold Brew for customers in her store since its regional launch in March in the Northeast, Mid-Atlantic and Midwest United States and parts of Canada.

“I love introducing my customers to new coffee experiences, especially when I can really show off the craft that goes into each cup,” said Hensely. “There’s a lot of time and passion that goes into brewing each batch of Cold Brew, so it’s been especially rewarding to see my customers enjoying it. A lot of them have made it their new go-to drink.”

To create the recipe for Cold Brew, Starbucks® coffee and research and development teams tasted hundreds of cups of coffee to develop a blend that would heighten the smooth, full-bodied flavor created during the brewing process. The team also experimented with the brewing time, settling on 20 hours to get the full spectrum of flavor.

“Cold Brew Blend features high-quality varietals from Latin America and Africa,” said Leslie Wolford, senior coffee specialist at Starbucks. “The blend delivers a flavor profile of chocolate balanced by citrus notes for a sweet, dense and smooth cup.”

Celebrating the Art of Handcrafting

To celebrate the nationwide launch of Cold Brew today (July 7), Starbucks invited California pop artist Steven Harrington to create a 60-piece collection of colorful hand-painted mason jars, symbolizing the 60 cups of handcrafted Cold Brew served from each small batch. Customers at the Beverly Hills Triangle Starbucks store in Los Angeles will be in for a surprise. Starting at 8 a.m. today, the first 60 to order Cold Brew will receive one of these unique art pieces with their coffee.

“I wanted to reflect the colorful, sun-drenched, playful attitude of the Los Angeles lifestyle,” said Harrington. “Since the art is a release for Cold Brew, I tried to push the euphoric sensation of sipping an ice-cold coffee on a hot summer day.”

For more information on this news release, contact us.

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Starbucks expands its small-batch Cold Brew iced coffee as a core menu item in participating stores across US and Canada

Starbucks expands its small-batch Cold Brew iced coffee as a core menu item in participating stores across US and Canada

Product Launch: Teavana® Shaken Iced Mango Black Tea Lemonade available in participating Starbucks® stores

SEATTLE, 2015-7-7 — /EPR Retail News/ — Imagine a quiet summer evening, having dinner outside with a bright beautiful garden in view. That setting is the inspiration behind Teavana® Shaken Iced Mango Black Tea Lemonade – a new beverage being offered for a limited time in participating Starbucks® stores across the U.S. and Canada, beginning today (July 7).

“We thought about what we would be doing and eating during the summer,” said Megan Droz, Starbucks senior product developer, Beverage and R&D. “We also considered the many Teavana® tea flavors and how we could make interesting combinations with them.”

Droz and team began with a long list of summer experiences and paired them with different flavor ideas. They gradually narrowed down their ideas until they arrived at the best combination for the new beverage.

“We always start with the experience first, not the flavor,” said Droz. “That gives us a much stronger connection to the beverage we create because the flavor is rooted in a feeling, in something special that has occurred.”

The Teavana® Shaken Iced Mango Black Tea Lemonade is a delicious blend of premium black tea, juicy mango, sweet passion fruit, and a splash of lemonade. Starbucks baristas will shake the beverage a minimum of 10 times in order to release the drink’s vibrant flavors.

There are many varietals of mango, so Droz had to select the one with the best taste. She looked for other flavors to accent the taste of the mango as well. The right balance of tartness to sweetness was also very important. The ideal beverage is mouth-watering and thirst-quenching.

“When it comes to iced tea, we strive for a very refreshing beverage,” said Droz. “We also want it to be ’cravable,’ so customers come back for more.”

Thanks to collaboration with Naoko Tsunoda, tea authority and director of tea development at Teavana, Droz had the perfect black tea for the new beverage. Teavana uses premium loose leaf tea and high quality ingredients that create innovative blends.

“We are excited to learn what customers think of the Teavana® Shaken Iced Mango Black Tea Lemonade,” said Droz. “I’m proud to have been a part of its development.”

A Teavana Mango Black tea beverage is available at Teavana stores across the U.S. and Canada. In addition, a Mango Black loose leaf tea can be purchased at Teavana® stores and online at Teavana.com, so customers can easily brew premium iced tea at home, capturing the same great taste. The loose leaf tea combines Ceylon tea from Sri Lanka, Chinese Black tea from the Hunan Province, three types of mango, and passion fruit. This blend is great on its own or when combined with Teavana’s Limeade Twist, Peach Tranquility, or Golden Monkey Black Tea.

For more information on this news release, contact us.

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Product Launch: Teavana® Shaken Iced Mango Black Tea Lemonade available in participating Starbucks® stores

Product Launch: Teavana® Shaken Iced Mango Black Tea Lemonade available in participating Starbucks® stores