Feb 19, 2011

Tully's Coffee 2

In August 2007 plans for an IPO were placed on hold with the company citing a "volatile market." This decision though was made right after the company was unable to secure investor financing for the IPO. Fiscal 2006 losses amounted to $9.7 million. 
Tully's sells beans sales business and brand to Green Mountain Coffee Roasters in 2008, earned $ 40.3 million in the deal, so they pay a portion of their balance of $ 102.1 million and expand its retail operations.

In 2010, joined Tully's Coffee International and DK Retail Co., Ltd. in a master license agreement to develop 100 branches in South-founder of Tully's Coffee Korea.The, Tom O'Keefe, retired on 30th June as chairman of the second largest coffee retailer in Seattle.

Beverages
Tully uses standard hot cup sizes: 8 oz (short), 12 oz (large), 16 oz (grande) and 20 oz (veinte). Iced drinks were 4 ounces larger, so the addition of ice to the drinks to October 2009, which they then switched to standard-sized cups to accommodate. All her espresso beans were organic and fair trade, but was stopped at the end of 2008.

Wi-Fi
From January 14, 2007, Tully's Coffee offers free wireless internet access in known hotspots