- Starbucks (SBUX) plans to sell alcohol in the evening at thousands of its stores.
- The revelation came from COO Troy Alstead during an interview with Bloomberg.
- The company says testing of the concept at select stores has gone very well.
- Starbucks outlets located near movie theaters, restaurants, and areas with an active nightlife are more likely to be tapped for alcohol sales.
at CNBC.com (Nov 17, 2014)