Daily Market Wrap: February 24, 2011

It’s the merriest time of year at Starbucks — the holiday food and drink menu, along with the disposable iconic red cups, have returned. The coffee giant recently announced that holiday beverages and food officially return on Thursday to the Starbucks menu. These include the Peppermint Mocha, Caramel Brulée Latte, Chestnut Praline Latte, non-dairy Iced Sugar Cookie Almondmilk Latte and Iced Gingerbread Oatmilk Chai. Starbucks is also introducing a trio of new Cran-Merry Orange Refreshers, which capture the essence of the season with flavors of sweet orange, tart cranberry and warm spices, including notes of cardamom, cinnamon and nutmeg, shaken with ice, water and real cranberries. Customers can enjoy a variety of new and returning cold foam flavors this holiday season to top off their beverages. In the bakery case, Starbucks is adding a new Turkey Sage Danish, new Dark Toffee Bundt, new Penguin Cookie, new Snowman Cake Pop (to replace the former Snowman Cookie) — which all join the returning Sugar Plum Cheese Danish, Cranberry Bliss Bar. While Starbucks debuted new designs for its disposable coffee cups on Thursday, it will also unveil its free and limited edition reusable red cup this month on Starbucks Red Cup Day. It’s one of the most popular days of the year, as the coffee giant encourages its customers to try a drink from its holiday beverage lineup.

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