Starbucks

Starbucks Shares Drop To Two-Year Low

Shares of Starbucks fell 15% to their lowest in nearly two years on Wednesday, after the coffee chain cut annual forecasts on persistent weak demand from i...

McDonald's Overseas Business Affected by Middle East Conflict

McDonald's reported its first quarterly sales miss in nearly four years on Monday on weak sales growth at its international business division, partly due t...

Starbucks Cuts Sales View After Middle East Conflict

Starbucks cut its annual sales forecast on Tuesday as the Israel-Hamas war hurt its Middle East business, while warning that softer demand in January and s...

Starbucks India To More Than Double Store Count To 1,000 By 2028

Tata Starbucks, a joint venture between Starbucks and Tata Consumer Products, said on Tuesday it plans to operate 1,000 cafes in India and double its workf...

McDonald's CEO Says Several Markets In Middle East Impacted By Conflict

McDonald's CEO Chris Kempczinski said on Thursday several markets in the Middle East and some outside the region were experiencing a "meaningful busin...

McDonald’s Expands Reach In China

Starbucks Targeting $3bn In Cost Savings Over Next Three Years

Starbucks leaned on the hype around its Pumpkin Spice Latte and other fall-themed drinks in North America to surpass Wall Street targets for fourth-quarter...

US Fast-Food Chains Turn to Automation To Deal With Staff Shortages

From robotic grills to faster blenders with custom ice and milk dispensers, major US restaurant chains including Starbucks, Domino's, and Chipotle are tout...