The Latest Threat to Starbucks
The following video is from Friday's Motley Fool Money roundtable discussion with host Chris Hill, and analysts Ron Gross, Jason Moser, and Charly Travers.
In 2012, the Germany-based Benckiser Group spent $1.3B to buy Peet's Coffee & Tea, as well as Caribou Coffee. On Friday, Benckiser announced that it's buying European coffee maker Master Blenders for around $10 billion. In the United States, Benckiser is closing 15% of Caribou locations, and converting 20% of the stores into Peet's . In this installment of Motley Fool Money, our analysts discuss whether Benckiser's big bet on coffee poses a threat to Starbucks .
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The relevant video segment can be found between 7:41 and 10:44
The article The Latest Threat to Starbucks originally appeared on Fool.com.Charly Travers has no position in any stocks mentioned. Chris Hill owns shares of Starbucks. Jason Moser owns shares of Starbucks. Ron Gross has no position in any stocks mentioned. The Motley Fool recommends Starbucks. The Motley Fool owns shares of Starbucks. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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