Starbucks Corporation (NASDAQ:SBUX) to open the liquor cabinet

The speciality coffee retailer Starbucks Corporation (NASDAQ:SBUX) has announced that it will offer beer and wine through its store at Issaquah, to become the third café of its kind to offer beer and wine outside of Seattle and Portland.

The company has applied for a liquor license and is expecting to start the renovation of the store in August and to complete it in September.

Starbucks Corporation (NASDAQ:SBUX) spokeswoman Stacy Krum said, “It’s a very mixed-use store. You’ve got every type of Starbucks customer there, from students to businesspeople to folks meeting with groups after work”.

Starbucks Corporation (NASDAQ:SBUX) stocks were at 35.93 at the end of the last day’s trading. There’s been a 5.7% change in the stock price over the past 3 months.