Starbucks Makes a Bet on Tea as they look to open a new Retail Concept

After selling Tazo Tea in coffee shops for years, Starbucks is now looking to open up retail chains dedicated to brewing and selling this tea brand. The first shop is set to open later on this year. This new business venture for Starbucks comes on the heels of the tea industry being highlighted as the one of the top five growing beverages on restaurant menus by research firm NPD Group.
Starbucks will look to its competitors for product differentiation. Pleaces like Teavana, Argo Tea, and Jamba Juice are among some of the competitors observed in Nation’s Restaurant News’ article

B-Corp Status for The Eco-Conscious Business Owner

For socially conscious entrepreneurs, becoming certified as a B Corporation sounds ideal: Make money and do some good at the same time. But how would it really change your business? B Lab, a Berwyn, Pa.-based non-profit, created the unique business structure and provides the certification. To achieve B Corp status entrepreneurs must meet very high standards in how they treat employees, the environment, and the community in which their business operates.

Young Entrepreneur talked to entrepreneurs that were among the first B Corps, when the certification became available in 2007. Here, they share how the new structure has affected their businesses and offer advice on the process.

Adding B-Corp Status to your business increases your credibility to your sustainable conscious consumers

Attend New York City’s Food and Wine Festival on Oct 11-14th. Tickets are now on sale

There will be a lot of things to do at the annual Food Network event. Now going on 5 years strong, the festival showcases the world’s greatest chefs, winemakers, spirits producers and personalities to educate palates and entertain patrons in high style—all while helping to fight hunger. It is suggested to buy your tickets early!
Learn more about the activities for this four-day event