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Starbucks to Sell Energy Drinks, Doesn't See Economy Improving

By Josh Fineman and Tim Catts

March 19 (Bloomberg) -- Starbucks Corp., the world's largest coffee-shop chain, will offer energy drinks in its stores and ``get into the health and wellness business,'' Chief Executive Officer Howard Schultz said at the company's annual meeting.

Starbucks will ``fight to the death'' to fend off competitors, Schultz said today. The company doesn't see the U.S. economy getting better this year, he said.

To contact the reporter on this story: Josh Fineman in New York at jfineman@bloomberg.net; Tim Catts in New York at tcatts@bloomberg.net

Last Updated: March 19, 2008 13:31 EDT

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