Is Nestle Taking Aim at Starbucks' Territory?
It's hard to imagine any company being a real threat to a chain as dominant as Starbucks (NASDAQ: SBUX), but the restaurant industry is a fickle space. In this segment from the Motley Fool Money radio show, host Chris Hill, Supernova and Million Dollar Portfolio's Matt Argersinger, Total Income's Ron Gross, and Motley Fool Pro and Options' Jeff Fischer consider whether Starbucks' plans for its artisanal Reserve chain are in any danger now that upstart Blue Bottle Coffee has the backing of global Fortune 500 company Nestle.
A full transcript follows the video.
Source: Fool.com
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