Starbucks (SBUX) is buying Bay Bread, owner of the La Boulange bakery chain, for $100M in cash....

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montanamark Comments (1359)
 
ha - all that hoopla to buy a bread shop
4 Jun 2012, 04:27 PM Reply Like

TwistTie Comments (2446)
 
The hoopla was obviously unjustified, but please do not discount the value of this purchase.

This is good news for pastry lovers.
4 Jun 2012, 04:40 PM Reply Like

montanamark Comments (1359)
 
PNRA, LeBrea and all the others are still there
4 Jun 2012, 05:10 PM Reply Like

montanamark Comments (1359)
 
100 mil cool cash for only 19 or so bay area bread shops?
4 Jun 2012, 05:14 PM Reply Like

Jeremy Johnson Comments (764)
 
No, probably about $43 million for the shops and $57 million for the brand and concept, plus convincing the owners to sell and sign an extensive non-compete.
4 Jun 2012, 11:09 PM Reply Like

mpcascio Comments (111)
 
I think it was a terrific purchase. Of course if the government outlaws pastry because of the obesity epidemic all bets are off. Lets see, a coffee grande and a pastry for 12 dollars. What a country.
4 Jun 2012, 08:47 PM Reply Like

berylrb Comments (1606)
 
I don't see how they can completely leverage the bakery angle without expanding their stores square footage, right now there are no seats and they have 75% of customers just buying drinks?
4 Jun 2012, 10:24 PM Reply Like

wunnerful Comments (89)
 
Worse coffee I've ever had, anyplace, well, maybe on an
equal with Denny's...Ugh.

I guess if you add enough sugar and cream and everything else,
you don't have to buy good coffee as a provider!

Look, Starbucks has been offering pastries, food ect., for
quite a number of years. What makes you think adding a bread/
pastries maker is going to change the bottom line?

I think in this day and age of shrinking personal assets,
paying for ambiance has finally expired.

I can find more ambiance and better coffee @ the local
Waffle House!

-Ric
4 Jun 2012, 11:13 PM Reply Like

george.otty@yahoo.ca Comments (55)
 
The problem is, and it's apparent, you are not an SB-lover/client. I don't know about where you live but where I live, even in the middle of the recession and even now as we edge closer to a 2nd one and things continue to look potentially gloomy, every SB I see is full of people happily buying their Venti Skinny not-too-hot chai-tea lattes with no foam (or however it's said). People lining up to order, always. People sitting around sipping their drinks and enjoying free WiFi. People lining up at the drive-throughs. Ever spent much time in a line up at SB? Sadly, I'll admit I have. Lots of times. And most of the people I've ever seen in the hundreds of times I've probably been there are not buying the basic coffee (which I agree, tastes like something nasty). They are buying the far more expensive specialty drinks like lattes, chai-tea drinks, and all their specialty cold drinks. Those people, and they are many, are not going to buy their coffee at the Waffle House.
5 Jun 2012, 12:00 AM Reply Like

Goeleven Comments (635)
 
I think that SBUX hat a good reason to put his money in restaurants and coffeeshops, For the moment it is better than put it on a bank with +/- 1 %.
5 Jun 2012, 08:13 AM Reply Like