Starbucks

The Chinese coffeehouse is hoping it can create buzz for its brand in the Big Apple.» Mehr auf barrons.com

GUILFORD, CT — After months of anticipation, an opening date has been announced for the new Target store at 900 Boston Post Road in Guilford. According to the company, the Guilford store will open on Aug. 17. A new Target will also open on that date in Norwalk at 680 Connecticut Ave. Hours in Guilford will be 7 a.m. to 10 p.m., Monday through Friday, and 8 a.m. to 10 p.m. on Saturday and Sunday. Guilford’s Planning and Zoning Board approved Target's application to open in the 78,000 square-foot space formerly occupied by Walmart in September 2023. Walmart closed in May 2022. Construction on the new Target store began last summer. Target says the new store will also feature "Apple at Target," a section that contains Apple products in a similar layout to a traditional Apple Store. There will also be a CVS Pharmacy, Starbucks Café, and Target Optical. Services will include drive up and order pickup. Overall, the Guilford store is expected to employ about 100 team members, Target notes on its website. The Guilford store represents Target's 23rd location in Connecticut, the company says, and its part of eight total that are opening this summer in California, Connecticut, Florida, New Jersey, New York and Pennsylvania. Target says about 20 stores are on track to open across the country this year. Read also First Selectman Matt Hoey said it's been "exciting" to see construction progress over the last year. He said the retailer's entry into Guilford is a welcomed sight. "I'm thrilled a retailer of Target's reputation and quality has chosen Guilford to locate a store. We are, I would suggest, in dire need of that kind of store once Walmart pulled out," Hoey told Patch on Tuesday, noting that "a good number" of residents have had to travel to nearby towns to shop at large department stores. "There will be less miles and less pollution because people will be able to stay local and buy local," he added. Hoey also said residents have been looking for a Starbucks to open up again in Guilford "for quite some time."» Mehr auf patch.com

Americans love their coffee. In 2024, the coffee market in the United States was valued at $67.6 billion.» Mehr auf marketbeat.com