Starbucks (SBUX) Plans Further Measures Against Smoking at Its Stores
Tweet
Share
E-mailGet Alerts SBUX Hot Sheet
Join SI Premium – FREE
Starbucks (Nasdaq: SBUX) is taking a firmer stand against what some would call one of the great pleasures of life: coffee and a cigarette.
The LA Times noted Friday that, starting June 1st, Starbucks will ban smoking within 25 feet of a U.S. or Canadian company-owned store. Like many restaurants, Starbucks has prohibited smoking inside of its locations, but the new move comes from "a sense of responsibility to provide customers with a safe and healthy environment," according to one company spokesperson.
Currently, there are about 7,000 company-owned locations.
The rule is flexible depending on lease size and physical restriction.
Starbucks is down 0.3 percent late Friday.
The LA Times noted Friday that, starting June 1st, Starbucks will ban smoking within 25 feet of a U.S. or Canadian company-owned store. Like many restaurants, Starbucks has prohibited smoking inside of its locations, but the new move comes from "a sense of responsibility to provide customers with a safe and healthy environment," according to one company spokesperson.
Currently, there are about 7,000 company-owned locations.
The rule is flexible depending on lease size and physical restriction.
Starbucks is down 0.3 percent late Friday.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- TD Cowen Reiterates Buy Rating on Starbucks (SBUX)
- Barclays flags an "attractive entry point" in this pharma stock
- Piper remains bullish on this beverage stock, citing 'best-in-class execution'
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
