Mitchell, most famous for the line "they pave paradise, put up a parking lot" in her hit 'Big Yellow Taxi', will release a 10-song CD called 'Shine' through Starbucks' record label Hear Music.
The album will go on sale in Starbucks outlets around the world in the last week of September. It will feature: a reworking of 'Big Yellow Taxi'; Mitchell's take on the Rudyard Kipling poem 'If'; and 'If I Had a Heart', which also featured in a ballet set to her music called 'The Fiddle and the Drum'.
Mitchell said: "I am thrilled to be able to work with the Hear Music label on my new CD. Starbucks and Concord Music Group are joining me in releasing a project, which has enabled me to appreciate what I loved about making music in the first place. I am very grateful to them."
The first album released by the Hear Music label was McCartney's 'Memory Almost Full'. The cafe chain has promoted the album heavily by playing and selling it in its stores all over the world, and it appears to have given the former Beatle a sales boost, with the album debuting at number three in the US Billboard album chart in June.
Nonetheless, Mitchell can expect to face criticisms of selling out, for getting in to bed with a chain that is seen by many as one of the exponents of globalisation.
She is in good company, however. Fellow protest songwriter Bob Dylan has embraced the commercial world in his old age, lending his music to a Victoria's Secret ad, and starring in a spot for Apple iPod that cross promoted his latest album, 'Modern Times'.
In the UK, there have been protests at some of Starbucks plans for store openings, because of fears it will ruin the unique character of locations such as Lamb's Conduit Street in central London, and Stoke Newington Church Street, in north-east London.