Starbucks

Starbucks' Grande-Sized Sales Drop In China Squeezes Profits

Starbucks' quarterly sales decline in China was four times worse than the coffee chain expected and it has no "line of sight" into when business...

Falling Costs May Boost McDonald's, Other Restaurant Profits In 2023

With the cost of butter plunging nearly 16% in a month and wholesale broiler chickens getting cheaper, some big restaurant chains including McDonald's and...

Starbucks To Expand US Delivery Via DoorDash Nationwide By March

Starbucks Corp expanded its US partnership with DoorDash Inc on Tuesday 17 January, the company said, betting that its customers will still be willin...

Starbucks US Workers At 100 Stores Hold One-Day Walkout

Workers at more than 100 US company-owned Starbucks locations went on strike for one day this month to protest what they say is illegal retaliati...

Starbucks Plans To Tap Young, Wealthy Customers To Weather Recession

Starbucks Corp topped Wall Street estimates for quarterly comparable sales and profits on Thursday 3 November, saying it will weather any coming recession...

Starbucks Sends Dates, Locations For Bargaining Sessions With Workers Union

Starbucks Corp said on Monday 10 October it has sent dates and locations covering 79 stores for contract bargaining sessions to Workers United, the union w...

Starbucks Projects Profit Growth From Tech, Stores, Workers Spending

Starbucks Corp projects profits to grow between 15% to 20% per share over the next three years, a significant increase from previo...

Incoming Starbucks Boss To Bring Consumer Insight To Coffee Culture

Laxman Narasimhan may have no experience of running coffee shops, but the outgoing CEO of British packaged goods group Reckitt will bring insight into the...