Starbucks opens first Reserve store, sees retail rents easing

LOS ANGELES (Reuters) - Starbucks Corp on Tuesday will open the first of 1,000 planned upscale Starbucks Reserve stores as part of a broad strategy to defend against high-end coffee rivals like Intelligentsia Coffee & Tea and Blue Bottle Coffee Co .

from Reuters: Business News http://ift.tt/2CM2IjU