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food / travel

Starbucks Sets Up Shop In Coffee Heartland, Colombia

Starbucks Sets Up Shop In Coffee Heartland, Colombia
El Espectador

BOGOTA — Call it the South American version of selling ice to eskimos: Starbucks is opening its first store in Colombia on July 16. The shop marks the start of the American coffee giant's operations in a country that grows and produces lots of its own brew, and already has a strong, local but international, coffee brand, Juan Valdéz.

In fact, Starbucks plans to open its first store right next door to Juan Valdéz in the Parque 93 shopping and dining district in northern Bogotá, frequented by the Colombian middle class and foreign tourists. This will be the first of 50 stores Starbucks plans to open in Colombia by 2018.

In August 2013, Starbucks CEO Howard Schultz announced that Starbucks would be entering the Colombian market in partnership with Nutresa, a local food and drinks firm. The partnership formula has been used elsewhere by the company. Starbucks entered the Spanish market in partnership with VIPS, a chain of eateries and stores with a very high profile and string of stores, often located in some of the finest districts in Spanish cities.

Schultz said the firm's success elsewhere would not assure the same in Colombia, a country he nevertheless described as "a very big market and ready for Starbucks."

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Murdoch's Resignation Adds To Biden Good Luck With The Media — A Repeat Of FDR?

Robert Murdoch's resignation from Fox News Corp. so soon before the next U.S. presidential elections begs the question of how directly media coverage has impacted Joe Biden as a figure, and what this new shift in power will mean for the current President.

Close up photograph of a opy of The Independent features Rupert Murdoch striking a pensive countenance as his 'News of the World' tabloid newspaper announced its last edition will run

July 7, 2011 - London, England: A copy of The Independent features Rupert Murdoch striking a pensive countenance as his 'News of the World' tabloid newspaper announced its last edition will run July 11, 2011 amid a torrid scandal involving phone hacking.

Mark Makela/ZUMA
Michael J. Socolow

Joe Biden was inaugurated as the 46th president of the United States of America on Jan. 20, 2021.

Imagine if someone could go back in time and inform him and his communications team that a few pivotal changes in the media would occur during his first three years in office.

There’s the latest news that Rubert Murdoch, 92, stepped down as the chairperson of Fox Corp. and News Corp. on Sept. 21, 2023. Since the 1980s, Murdoch, who will be replaced by his son Lachlan, has been the most powerful right-wing media executivein the U.S.

While it’s not clear whether Fox will be any tamer under Lachlan, Murdoch’s departure is likely good news for Biden, who reportedly despises the media baron.

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