Tag Archive | NASDAQ:SBUX

Starbucks Names Rosalind Brewer Group President and Chief Operating Officer

Starbucks Names Rosalind Brewer Group President and Chief Operating Officer

Starbucks board member and former Sam’s Club executive to join Starbucks management team and lead the Americas business in addition to operations, product innovation, store development and supply chain Starbucks Corporation has announced the appointment of Rosalind Brewer as group president and chief operating officer, effective Oct. 2. Brewer, former […]

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Starbucks to Acquire Remaining Shares of East China JV to Operate All Stores in Mainland China

Starbucks to Acquire Remaining Shares of East China JV to Operate All Stores in Mainland China

Company announces agreements to acquire the remaining 50% of its East China JV and divest its 50% interest in its Taiwan JV; both transactions undertaken with long-term JV partners President Chain Store Corporation and Uni-President Enterprises Corporation Company Reaffirms Its Commitment to Operating 5,000 Stores in Mainland China by 2021 […]

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Howard Schultz and Kevin Johnson Reflect On Starbucks Future

Howard Schultz and Kevin Johnson Reflect On Starbucks Future

CNBC’s Andrew Ross Sorkin speaks with Starbucks outgoing CEO Howard Schultz and incoming CEO Kevin Johnson in Seattle about the decision to switch up the leadership of the coffee giant, their strategic plans and social and political goals.

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Starbucks Announces New Leadership Structure to Drive Next Wave of Global Growth

Starbucks Announces New Leadership Structure to Drive Next Wave of Global Growth

Kevin Johnson to become chief executive officer and assume full responsibility for Starbucks global business and operations Howard Schultz to become executive chairman and focus on retail innovation and accelerating growth of Starbucks ultra-premium retail formats Starbucks Corporation (NASDAQ: SBUX) today announced that Kevin Johnson, president and chief operating officer […]

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Starbucks Is Spending Millions to Fix Its 'Basic' Image Problem

Starbucks Is Spending Millions to Fix Its ‘Basic’ Image Problem

Starbucks will go down in history books as the brand that made it OK to charge more than $2 for a cup of coffee. But its reputation as a higher-end coffee shop has faded – and that has the company worried. The chain was founded with the mission of providing […]

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Starbucks CEO: One Currency Matters Most with the Consumer

Starbucks CEO: One Currency Matters Most with the Consumer

Starbucks has been able to post strong growth while so many traditional retailers continue to report declining traffic. “One major retailer after another post numbers that are somewhat disappointing,” Starbucks founder, chairman and CEO Howard Schultz said. “What it says is that this is not a time to embrace the […]

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Starbucks Roastery Coming to New York City in 2018

Starbucks Roastery Coming to New York City in 2018

Starbucks (NASDAQ: SBUX) has announced that its next Roastery location will be in New York City in the heart of the Meatpacking District at 61 Ninth Avenue, which is currently under development. Scheduled to open in 2018, this New York location will get inspiration from the first Starbucks Reserve Roastery […]

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Starbucks CEO: Growth Isn't a Strategy

Starbucks CEO: Growth Isn’t a Strategy

Howard Schultz says that even though Starbucks is a massive operation, “it’s still early days” for the organization and you can expect much more growth.

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Schultz, Starbucks and Social Impact

Schultz, Starbucks and Social Impact

What does Starbucks chief executive Howard Schultz keep in his pockets? Two keys stand out. One unlocks the most lavish Starbucks store in the world: the 15,000-square-foot Roastery. Situated in Seattle’s Capitol Hill neighborhood, it combines an upscale cafe with whirring conveyor belts that ferry packages of freshly roasted coffee […]

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Starbucks Mobile Order & Pay Now Available to Customers Nationwide

Starbucks Mobile Order & Pay Now Available to Customers Nationwide

Available In More Than 7,400 Stores and Customers Using the Starbucks App on iOS or Android Devices; International Expansion Coming in October Starbucks Coffee Company (Nasdaq:SBUX) today announced the nationwide availability of Mobile Order & Pay on iOS and Android devices, a new feature of the popular Starbucks mobile app […]

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Starbucks Alcohol Menu A Smart Business Move, But Loyal Customers Push Back

Starbucks Alcohol Menu A Smart Business Move, But Loyal Customers Push Back

The atmosphere at the Starbucks on North Seventh Street in the trendy Brooklyn neighborhood Williamsburg was soothing but purposeful on a recent morning. Customers dressed in button-down shirts and jeans with briefcases slung over their shoulders sipped on foamy cappuccinos and iced lattes as they swiftly exited the coffee shop, […]

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Starbucks Pushes Plan to Hire 100,000 Young Workers

Starbucks Pushes Plan to Hire 100,000 Young Workers

Starbucks is teaming up with more than a dozen companies in a pledge to increase hiring of young, mostly black and Latino workers over the next three years.

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What's behind Starbucks price increases?

What’s behind Starbucks price increases?

Starbucks says customers will pay from 5 to 20 cents more on many drinks starting Tuesday.  The company did not specify exactly which drinks will be impacted because it charges different prices in different regions of the country. Starbucks has increased prices on different products for at least the past […]

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Starbucks Customer Accounts Hacked Through Smartphone Apps

Starbucks Customer Accounts Hacked Through Smartphone Apps

Starbucks customers are reporting that hundreds of dollars have been stolen from their credit cards after receiving emails saying the passwords and login details for the coffee company’s mobile app had been reset. While details of exactly how the attacks are taking place are still unclear, it appears that credentials […]

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