Starbucks says it plans to open hundreds of new stores across the U.S. and add seating at thousands of existing locations.
Starbucks’ union members have voted to strike at U.S. stores next week unless the company finalizes a contract agreement.
Starbucks halted a long sales slide in its fiscal fourth quarter as fall drinks and improved service brought customers back to its stores.
Starbucks said Thursday it's closing hundreds of stores in the U.S., Canada and Europe and laying off 900 nonretail employees so it can focus resources on its turnaround plan.
Starbucks said Thursday it's closing hundreds of U.S. and Canadian stores and laying off 900 nonretail employees so it can focus resources on its turnaround plan.
Starbucks says it plans to add a cold foam protein drink, coconut water-based beverages and improved baked goods to its menu to help turn around the company’s lagging U.S. sales.
Starbucks is requiring some remote workers to relocate to its headquarters and increasing the number of days that corporate employees are required to work in an office.
The typical compensation package for chief executives who run companies in the S&P 500 jumped nearly 10% in 2024 as the stock market enjoyed another banner year and corporate profits rose sharply.
Starbucks is making cuts to its menu, with some of the coffee giant’s “less popular beverages” set to take their final bow next week.
Wall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs.
Workers at U.S. Starbucks stores have begun a five-day strike to protest a lack of progress in contract negotiations with the company.
Starbucks’ new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the company’s sagging sales.
Fifty-three years after its founding, Starbucks is unhappy with what it’s become – and trying to figure out how to meet customers’ changing needs without losing its coffeehouse roots.
Starbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
U.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.
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