Business
Starbucks scraps $250,000 cap on boss's use of company jet
It said: "Given Mr Niccol's chief executive role, the enhanced media attention to which Mr Niccol and Starbucks are subject, and the…
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starbucks
Business
Customers go ‘Back to Starbucks’ as company posts first U.S. growth in 2 years
Since Brian Niccol took over as Starbucks Chairman and CEO in 2024, he’s promised a grand turnaround for the coffee giant by going back to…
Business
Starbucks beats Q1 global comparable sales estimate as demand rebounds
Comparable sales rose 4% in North America, marking their first gains in nearly two years Starbucks reported a bigger-than-expected rise in…
Business
Inside Starbucks’ supply struggles: AI glitches, scattered suppliers and sandwich shortages
The coffee chain’s various problems include inaccurate automated counting, ancient computers Four Starbucks CEOs over five years have…
Business
Starbucks reports CEO Brian Niccol earned US$31 million in 2025
Starbucks chief executive officer Brian Niccol total compensation was US$31 million in fiscal 2025, a decline from the previous year when…
News
Starbucks workers and unions in 10 countries to protest in support of US baristas
Starbucks workers and union members in England, Scotland and eight other countries are protesting on Wednesday in support of striking US…
Business
Starbucks to pay more than $38 million to NYC workers over labor violations
Starbucks will pay about $35 million to more than 15,000 New York City workers to settle claims it denied them stable schedules and…
Business
Starbucks Malaysia operator sees business rebound after boycotts
The company is also preparing to expand in Nordic countries, where it has the rights to the brand The operator of Starbucks in Malaysia…
Business
Boyu Capital considers bringing Tencent, GIC into Starbucks China deal
Boyu Capital is considering bringing in Tencent Holdings, GIC and potentially others as limited partners in its acquisition of a stake in…
News
Why you can only find the new Starbucks holiday drink at Target
Looking for some holiday cheer? Customers who want to try Starbucks’s new holiday treat, the Frozen Peppermint Hot Chocolate drink, will…
News
Starbucks workers to strike in 40 cities, targeting ‘Red Cup Day’
Unionised Starbucks baristas are launching a wave of walkouts on Thursday (Nov 13), a work stoppage they say could grow to become their…
News
US lawmakers urge Starbucks CEO to restart union talks
Twenty-six US senators and 82 House representatives have written to Starbucks chief executive officer Brian Niccol, urging the company to…
Business
Chinese banks edge out global rivals in financing Boyu Capital’s Starbucks China deal: sources
Ping An Bank, Industrial Bank, and China Minsheng Banking are set to arrange a seven-year syndicated loan of about US$1.4 billion Chinese…
Business
Starbucks finally said how many U.S. stores it closed: The list of locations was bigger than many estimates
Starbucks released its fourth-quarter earnings on Wednesday, October 30, finally providing an official figure for its recent wave of store…
Business
Starbucks sales rebound globally, coffee prices bite margins
Global prices for raw arabica beans are up more than 20% this year after soaring 70% in 2024 Starbucks posted on Wednesday (Oct 29) that…
News
Baristas are rallying at Starbucks stores across the country this weekend. Here’s why
Union Starbucks workers are voting to authorize a strike for better pay and hours, threatening to disrupt pumpkin spice latte season at…
Business
Starbucks plans to close mobile-only pickup locations. It could be a risky move
When Starbucks announced that it would phase out its mobile-order pickup-only locations beginning in 2026, it raised a question: Why…
Business
Howard Schultz isn’t running Starbucks anymore—but his latest warning should make every CEO listen
It’s been two years since Howard Schultz retired from the board of directors of Starbucks, a company he founded and led for decades, but…
Business
Starbucks store closings: 59 unionized locations on doomed list in coffee chain restructuring
On the heels of Starbucks’ recent announcement it will be cutting 900 corporate roles and closing 1% of its Northern American stores by…
News
Starbucks’ CTO resigns, but its AI overhaul is still brewing
Starbucks‘ chief technology officer Deb Hall Lefevre resigned without a permanent replacement, according to an internal memo sent to…
Business
Starbucks to close stores, cut 900 jobs in US$1 billion restructuring
The company says its overall store count will drop by 1% during the 2025 fiscal year Starbucks said it will close stores and eliminate 900…
Business
Starbucks to add ‘hundreds of thousands of seats’ back to its stores
There was a time, back in the mid-2010s, when Starbucks was in its prime. It was an era characterized by handwritten notes on cups,…
Culture
The greatest Starbucks in the world is in Real Madrid’s soccer stadium
I don’t care about Starbucks. Madrid now drowns in indie coffee shops with coffee brewed from specialty beans that are flown in by winged…
Business
Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final…