Starbucks

Under Pressure, Starbucks CEO Agrees To Testify Before US Senate Panel

Starbucks Corp interim chief executive officer Howard Schultz has agreed to testify this month before a US Senate committee after earlier resisting request...

Starbucks To Add 100 New UK Stores As Britons Thirst For Iced Espressos

Starbucks is to open 100 new coffee shops across Britain this year, as the country's appetite for vanilla lattes, iced espressos and banana caramel muffins...

Starbucks CEO Schultz May Be Ordered To Testify At US Senate Labour Hearing

US Senator Bernie Sanders on Thursday 2 March refused to back down on calls to make Starbucks Corp interim chief executive officer Howard Schultz, who is s...

ISS Urges Starbucks Shareholders Back Review Of Labour Policies

Proxy adviser Institutional Shareholder Services Inc (ISS) on Monday 27 February recommended that Starbucks shareholders back a proposal for an outside exa...

Starbucks Offers A Dash Of Olive Oil With Its Coffee In Italy

Starbucks has launched a new drink that mixes coffee with olive oil, offering it initially in Italy as an alternative to the more standard espresso or...

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...