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Wednesday, Dec 5
2012, 8:40 AM
More from the Starbucks (SBUX) Investor Conference (previous early recap): 1) More Evolution...
More from the Starbucks (SBUX) Investor Conference (previous early recap): 1) More Evolution Fresh products in stores and grocery outlets are on tap. 2) Why Teavana? Tea is a $40B category with double-digit growth, according to execs. The growth potential is to bring the Teavana brand out of the malls and into the massive Starbucks street presence. A test run of a Tazo retail store showed upside potential. 3) Starbucks will sell La Boulange food in grocery stores as it looks to benefit from the bakery purchase. 4) No further acquisition plans in place, as Schultz says the firm is "full up." SBUX +1.2% premarket. (webcast)