News - Starbucks Stories
WEBYour source for the latest news from Starbucks. Learn about what is happening in our stores and company–from beverage and food announcements to financial news, partner (employee) and customer experience updates. Follow us on Twitter @StarbucksNews.
Starbucks’ new CEO wants to make Starbucks a coffee shop again
WEBSep 10, 2024 · New York CNN — Starbucks has been on the decline, with shrinking sales as it moved from a traditional sit-down coffee shop into one where people place orders on their phones and grab a drink from...
Starbucks just had a ‘disappointing’ quarter. Here’s how it plans to ...
WEBMay 1, 2024 · Shares fell more than 12% in premarket trading Wednesday after the coffee giant reported a decline in same-store sales for the first time since 2020 and slashed its full-year sales outlook,...
New Starbucks CEO Brian Niccol outlines plans for business
WEBSep 10, 2024 · New Starbucks CEO Brian Niccol explained four priorities for the U.S. business. Starbucks is hoping Niccol can turn around the coffee chain’s slumping sales, just like he did at Chipotle....
Starbucks CEO out after just over a year amid sales struggles
WEBAug 13, 2024 · People outside a Starbucks in Los Angeles on July 12, 2022. - Frederic J. Brown / AFP via Getty Images file Starbucks' stock closed more than 24% higher, while Chipotle shares fell more than 7%.
A major shift at Starbucks is changing its personality
WEBJul 19, 2024 · Starbucks’ changes to its sit-down business model came in response to several trends — demand from customers for ordering coffee from their cars in drive-thru lanes or on their smartphones.
Press Releases - Starbucks Stories
WEBMar 13, 2024 · New Starbucks Rewards and Marriott Bonvoy Collaboration Unlocks Exclusive Benefits for Loyalty Members to Fulfill Their Passions for Travel and Coffee. Jun 18, 2024.
Starbucks announces new global leadership structure to accelerate ...
WEBMar 18, 2024 · SEATTLE – Starbucks Coffee Company (NASDAQ: SBUX) today announced it will be making several leadership changes, creating a clear geographic leadership structure, supported by global functions with deep functional expertise and the ability to drive impact on a global scale.
Starbucks unveils expansion plans, cost cutting - CNBC
WEBNov 2, 2023 · Starbucks on Thursday presented the latest stage in its plan to drive growth for the company, which involves accelerating its global footprint and saving $3 billion in costs over the next three...
Starbucks scales back Princi brand in upscale cafés in US and China
WEB4 days ago · SBUX. Starbucks is phasing out the Princi brand of Italian baked goods from its upscale Roastery and Reserve locations in the US and China, Bloomberg News has reported. Despite the removal of ...