Starbucks

Starbucks Records 11% Rise In Revenue For Quarter That Ended On March 28

Starbucks Corp has recorded an 11% rise in revenue for the quarter that ended on March 28. Missed Quarterly Sales Estimates The coffee chain's 11% r...

Starbucks Records Larger-Than-Expected Fall In Quarterly Sales

Starbucks Corp has recorded a larger-than-expected fall in quarterly sales as the renewed surge in coronavirus cases in the United States kept custome...

Long-Time Starbucks Executive Rachel Ruggeri To Become Company's CFO

Starbucks Corp has said that its long-time executive Rachel Ruggeri will become its chief financial officer next month, replacing Patrick Grismer, who...

Starbucks Suspends US Happy Hours Due To Crowd Concerns As COVID-19 Surges

Starbucks Corp customers in the United States will have to pay the full $5.65 for a second grande Eggnog Latte this holiday season, as the company sus...

Starbucks Eyes Walk-Through Stores And Technology To Power Post-Pandemic Growth

After efforts to expand US suburban drive-through locations, Starbucks is creating a similar experience for customers on foot. Orders are to be primaril...

Starbucks Names Mellody Hobson As Head Of Its Board

Starbucks Corp has named vice chair Mellody Hobson as the head of its board. She is taking over as non-executive chair from Myron Ullman, who is re...

Starbucks To Increase US Employees' Pay By At Least 10%

Starbucks Corp will increase pay for baristas, shift supervisors and café attendants at its US outlets by at least 10% from December 14, accord...

Starbucks Forecasts 2021 Earnings Largely Above Estimates

Starbucks Corp has forecast 2021 earnings largely above estimates, helped by strong online orders and a recovery in demand following the initial hit f...