Big changes are coming to Starbucks at Target, Kroger

Big changes are coming to Starbucks at Target, Kroger

Starbucks (SBUX) it was at Target (TGT) locations for over two decades. Since 2003, a Starbucks coffee shop has gone into nearly every new Target store construction (provided there was enough space, that is). When an older Target store was remodeled, the popular coffee shop was usually remodeled.

The convenience of being able to essentially add a coffee kiosk or mini coffee shop to many retailers like Target, Kroger (KR) , or Hy-Vee among many others, was a big plus for both the host company and Starbucks. The mini-locations are licensed by the retailers and pay a royalty or percentage back to Starbucks for the use of its business space.

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