Business
Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Starbucks reported a bigger-than-expected rise in…
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starbucks
Politics
US lawmakers urge Starbucks CEO to restart union talks
Twenty-six US senators and 82 House representatives have written to Starbucks chief executive officer Brian Niccol, urging the company to…
Business
How Crocs Outsmarted Starbucks in China's $7 Trillion Consumer War
This article first appeared on GuruFocus. Crocs Inc. (NASDAQ:CROX) has emerged as one of the most unexpected winners in China's consumer…
Business
Starbucks to close stores, cut 900 jobs in US$1 billion restructuring
The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900…
News
Starbucks throttles operations at US coffee plants to curb costs
The Starbucks plants that roast and package the company’s coffee beans in the US are cutting two days of weekly production as part of…
News
Starbucks plans kiosks to cut long lines at airport locations
Starbucks is working on adding ordering kiosks to busy locations in the US that cater to on-the-go customers. The Seattle-based coffee…
Business
Wall Street Circles Starbucks as China Deal Heats Up--Tech Giants and PE Titans in Bidding War
Starbucks (NASDAQ:SBUX) is quietly making moves in Chinaand Wall Street's watching. The coffee giant has invited a dozen heavyweight…
Business
Starbucks reshuffles leadership to accelerate turnaround bid
Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump. Mike Grams, hired last year as…
Business
Starbucks Profit Drops, but Leaders Say Turnaround Is Working
Faster coffee. More baristas. More seating. Despite headwinds from higher coffee prices and tariffs on certain products, Starbucks is…
Business
Starbucks says turnaround on track as sales decline persists
Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined…
News
Starbucks faces new hot spill lawsuits weeks after US$50 million ruling
Starbucks was facing two new lawsuits over spilled hot drinks on Wednesday (Apr 2), just weeks after a court ordered the coffee giant to…
Business
Starbucks to Lay Off 1,100 Corporate Workers
Starbucks is laying off 1,100 corporate employees, its chief executive said in a letter to workers on Monday, marking the coffee chain’s…
Business
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the…
Business
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after…
Business
Mom asks daughter for drive-thru order—has instant regret
A mother and daughter have gone viral for a simple yet effective prank at a Starbucks drive-thru that left both of them in stitches.…
News
Starbucks and Workers United Union Agree to Contract Mediation
Starbucks and the union representing thousands of its employees said on Thursday that they were bringing in a mediator in a push to revive…
Business
Starbucks Reports Weak Earnings as It Tries to Woo Back Customers
Since taking over as chief executive of Starbucks last fall, Mr. Niccol has tried to come up with fixes for the many challenges facing the…
Business
Starbucks CEO made US$96 million in first four months on the job
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Politics
Starbucks Reverses Its Open-Door Policy for Bathroom Use and Lounging
Starbucks will require people visiting its coffee shops to buy something in order to stay or to use its bathrooms, the company announced…
Politics
Parental leave is looking up for Americans
Parental leave in the U.S. could be reaching a turning point as major employers revise their provisions for expecting families. Why It…
News
Starbucks workers expand strike in US cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said…
News
Is Dunkin' Cheaper Than Starbucks?
Ever find yourself standing in line, coffee in hand, wondering if your wallet would be happier at Dunkin’ or Starbucks? You’re not alone.…