Starbucks' UK, Ireland Stores Switch To Fairtrade Coffee
September 01 2009 - 7:31PM
Dow Jones News
Coffee retailer Starbucks Corp. (SBUX) now only serves Fairtrade
certified coffee in its espresso-based beverages at stores in the
U.K. and Ireland, the company announced Wednesday.
Starbucks is the world's largest buyer of Fairtrade coffee, and
the switch to Fairtrade in the U.K. and Ireland will boost the
incomes of farmers in Latin America, the origin of most of its
Fairtrade coffee, the company said.
The move follows Cadbury PLC's (CBY) decision to make its dairy
milk chocolate bars with Fairtrade certified cocoa and Tate &
Lyle PLC's (TATYY) commitment to achieve Fairtrade certification on
its retail sugar.
-Sarah McFarlane, Dow Jones Newswires;
sarah.mcfarlane@dowjones.com