Starbucks plans ‘significant changes’ to company’s structure
6 years, 6 months ago

Starbucks plans ‘significant changes’ to company’s structure

LA Times  

Starbucks Corp. is planning an organizational shake-up, including corporate layoffs that will start at top levels, as the coffee chain tries to reverse stagnant sales and rekindle investors’ interest. “We must increase the velocity of innovation that is relevant to our customers, inspires our partners, and is meaningful to our business,” Chief Executive Kevin Johnson said in a memo to employees viewed by Bloomberg News. A Starbucks spokeswoman said the changes will entail an undetermined number of layoffs and include some employee shifts between company departments. It’s also pushing innovation in other areas including automating its back-of-store inventory system to reduce waste and let staff spend more time with customers.

Company Johnson Starbucks  organizational  stagnant  plans  companys  significant  menu  structure  company  layoffs  changes  johnson  starbucks  week  sales

History of this topic

Starbucks brings in new finance chief as part of turnaround strategy
3 weeks, 3 days ago

Starbucks brings in new finance chief as part of turnaround strategy

Associated Press  

Starbucks named a new chief financial officer on Tuesday as part of a larger turnaround strategy. Cathy Smith, who has been Nordstrom’s CFO since 2023, will join Starbucks in the next month, Starbucks Chairman and CEO Brian Niccol said in a letter to employees. Niccol said Smith brings extensive experience in retail, global operations and corporate turnarounds. Niccol is trying …

Starbucks Dumping 'Less Popular' Drinks From Menu, Including Some Frappucinos
1 month ago

Starbucks Dumping 'Less Popular' Drinks From Menu, Including Some Frappucinos

Huff Post  

LOADING ERROR LOADING NEW YORK — 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. In an announcement Monday, Starbucks outlined plans to remove a selection of its drinks — including several blended Frappuccino beverages, the Royal English Breakfast Latte and the White Hot Chocolate …

Starbucks in crisis: Is It the coffee, the menu, or the people?
1 month ago

Starbucks in crisis: Is It the coffee, the menu, or the people?

Firstpost  

Starbucks is cutting 1,100 corporate jobs and eliminating 30 per cent of its menu under CEO Brian Niccol’s turnaround strategy. The company’s global same-store sales dropped two per cent in 2024, with US customers frustrated by high prices and long wait times. Mobile orders now make up over 30 per cent of transactions, straining operations Starbucks is undergoing a major …

Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them
Trending News
1 month ago

Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Starbucks is dropping these 13 drinks from its menu — Check the full list
1 month ago

Starbucks is dropping these 13 drinks from its menu — Check the full list

India Today  

Starbucks is set to retire a selection of "less popular beverages" from its menu starting next week, marking a significant shift in its strategy to enhance sales and streamline operations. Menu overhaul for better efficiency To "optimize" its menu, Starbucks previously announced a plan to reduce beverage and food items by 30% by the end of the fiscal year. This …

Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them
Trending News
1 month ago

Starbucks is culling 10 drinks from its menu in March — here’s what’s replacing them

The Independent  

Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more Stay ahead of the curve with our weekly guide to the latest trends, fashion, relationships and more SIGN UP I would like to be emailed about …

Starbucks to cut menu items and lay off 1,100 staff to streamline operations
Trending News
1 month ago

Starbucks to cut menu items and lay off 1,100 staff to streamline operations

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Starbucks will lay off 1,100 …

Starbucks is removing 13 drinks from its menu in March, check out full list
1 month ago

Starbucks is removing 13 drinks from its menu in March, check out full list

Hindustan Times  

Starbucks is removing over a dozen drinks as part of a major menu shakeup. On March 4, the company will remove 13 drinks that are purchased less often in a bid to focus on more popular items. Starbucks is removing 13 drinks from its menu Starbucks is removing 13 drinks from its menu By the end of the fiscal year …

Starbucks eliminating 1,100 corporate jobs to speed up turnaround
1 month ago

Starbucks eliminating 1,100 corporate jobs to speed up turnaround

Hindustan Times  

Starbucks Corp. is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalize the company. Starbucks doesn’t disclose how many corporate workers it has, and the bulk of its employees around the world work in its cafes. “We believe it’s a necessary change to position Starbucks for future success.” Return to Office Starbucks …

Starbucks lays off 1,100 corporate employees
1 month ago

Starbucks lays off 1,100 corporate employees

Associated Press  

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. Starbucks has 16,000 corporate support employees worldwide, but that includes some employees who aren’t impacted, like roasting and warehouse staff. AP AUDIO: Starbucks lays off 1,100 corporate employees as coffee chain streamlines AP correspondent Ed Donahue reports a coffee giant is laying …

Starbucks is laying off workers and paring back the menu as it tries to turn the business around
1 month ago

Starbucks is laying off workers and paring back the menu as it tries to turn the business around

CNN  

New York CNN — Starbucks announced Monday it will lay off over 1,000 corporate workers and cut complex and unpopular drinks from its menu in an effort to turn around lagging sales and revamp the coffee chain. Starbucks is cutting some Frappuccino blended drinks, Royal English Breakfast Latte and White Hot Chocolate as part of its effort to simplify operations …

Starbucks sacks 1,100 employees globally in streamlining effort
1 month ago

Starbucks sacks 1,100 employees globally in streamlining effort

India Today  

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. Niccol said Starbucks is also eliminating several hundred open and unfilled positions. Starbucks has 16,000 corporate support employees worldwide, but that includes some employees who aren’t impacted, like roasting and warehouse staff. Niccol is also cutting items from Starbucks’ menu and experimenting …

Starbucks lays off 1,100 corporate employees as coffee chain streamlines
1 month ago

Starbucks lays off 1,100 corporate employees as coffee chain streamlines

LA Times  

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and Chief Executive Brian Niccol streamlines operations. Niccol said Starbucks is also eliminating several hundred open and unfilled positions. Starbucks has 16,000 corporate support employees worldwide, but that includes some employees who aren’t being targeted in the latest round of downsizing, such as roasting and warehouse staff. Southwest …

Smaller menus, better vibes: How Starbucks’s CEO is shaking up the brand
1 month, 1 week ago

Smaller menus, better vibes: How Starbucks’s CEO is shaking up the brand

Live Mint  

Roughly five months into his tenure running the world’s largest coffee chain, Niccol is spearheading changes to overhaul the business and improve the brand’s perception with consumers. Niccol, 51 years old, enjoys Starbucks’s Americano coffee drinks and loves the personal notes and drawings that baristas now scrawl on customers’ cups. Starbucks customers want to schedule their online drink orders for …

Starbucks reduces the number of items customers can order through its mobile ordering system
1 month, 2 weeks ago

Starbucks reduces the number of items customers can order through its mobile ordering system

Salon  

Starbucks is putting a limit on how many items customers can order on its mobile app. The latest change hopes to “improve ordering experience for customers, reduce wait times and ease the workload for its baristas,” TODAY reported. It’s all part of Starbucks CEO Brian Niccol’s “Back to Starbucks” plan, which strives to return the chain’s 40,000+ locations to its …

Starbucks says it will reduce its food and beverage menu by 30% by the end of 2025
1 month, 4 weeks ago

Starbucks says it will reduce its food and beverage menu by 30% by the end of 2025

Salon  

Starbucks CEO Brian Niccol revealed during the company’s first quarter fiscal year 2025 earnings call that the coffeehouse chain will cut “roughly 30%” of its food and beverage menu items by the end of the 2025 fiscal year. “In the coming months, you'll see us begin to optimize our menu offerings, resulting in roughly 30% reduction in both beverages and …

Starbucks reports better-than-expected quarterly sales as turnaround efforts begin
2 months ago

Starbucks reports better-than-expected quarterly sales as turnaround efforts begin

Associated Press  

Starbucks on Tuesday reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to deliver results. In a conference call with investors Tuesday, Niccol said Starbucks is planning to cut its food and beverage offerings by 30% over the course of this year to simplify operations and speed service. Niccol said the company is also …

Starbucks Bets on Mugs, Macchiato Art in Test of CEO’s Plan
2 months ago

Starbucks Bets on Mugs, Macchiato Art in Test of CEO’s Plan

Live Mint  

-- When customers walk into Starbucks on Monday, the vibes will be different. Early on, Niccol said he’d prioritize ceramic mugs for in-store customers, one of several “personal touches to elevate the cafe experience” he planned to roll out. Like you’re on an episode of Friends.” At a Starbucks in Chicago on Monday morning, the barista at the register asked …

Starbucks is getting back to basics — but trains baristas in de-escalation to manage new tensions
2 months ago

Starbucks is getting back to basics — but trains baristas in de-escalation to manage new tensions

Salon  

Since his appointment as CEO of Starbucks, Brian Niccol has charted a course back to the company’s roots: good coffee, served swiftly, in a welcoming café. It’s an almost quixotic ambition after years in which the Starbucks experience has drifted toward something less human and more mechanical — a fast-moving conveyor belt of caffeine. A couple of years ago, I …

Starbucks plans corporate layoffs as part of turnaround
2 months, 1 week ago

Starbucks plans corporate layoffs as part of turnaround

Associated Press  

Starbucks said Friday it plans an unspecified number of layoffs as it restructures its corporate staff. In a letter to employees, Starbucks Chairman and CEO Brian Niccol said the Seattle coffee giant needs to ensure all work has a clear and accountable owner who can make decisions. “I wanted to be transparent about our progress and our plans and ensure …

Rolling Starbucks strike grows to include workers at hundreds of shops
3 months ago

Rolling Starbucks strike grows to include workers at hundreds of shops

LA Times  

A rolling strike of Starbucks baristas has grown since kicking off Friday to include about 300 of the coffee giant’s shops across the U.S., according to the union organizing the work stoppage. Starbucks Workers United, the union that represents about 10,000 workers at a few hundred of the ubiquitous chain’s nearly 16,500 U.S. locations, said that baristas in Boston, Philadelphia, …

Starbucks strike expands to more than 300 US stores: Union
3 months ago

Starbucks strike expands to more than 300 US stores: Union

Al Jazeera  

Strike over wages and staffing issues comes at one of the coffee chain’s busiest times of the year. A strike at Starbucks has expanded to more than 300 of the coffee chain’s stores in the United States, with more than 5,000 workers expected to walk off the job, the workers’ union said. Starbucks Workers United, representing employees at 525 stores …

Starbucks union’s “strike before Christmas” spreads to 300 stores
3 months ago

Starbucks union’s “strike before Christmas” spreads to 300 stores

Salon  

You may want to figure out how to whip up a Peppermint Mocha at home — this Christmas, your local Starbucks workers might be on strike. At least 5,000 employees at more than 300 Starbucks locations throughout the U.S. plan to join the union’s planned work stoppage on Tuesday, capping the union’s five-day strike that began Dec. 20, Bloomberg reports. …

Starbucks strike expands, closes nearly 60 US stores
3 months ago

Starbucks strike expands, closes nearly 60 US stores

Associated Press  

A five-day strike by Starbucks baristas had closed 59 stores as of Monday afternoon, according to the union organizing the workers. The strike, which began Friday in Los Angeles, Chicago and Starbucks’ hometown of Seattle, spread Monday to stores in Boston, Dallas and Portland, Ore. Workers in New York, Denver, Pittsburgh and other cities had also joined the strike over …

Starbucks workers expand strike to major US cities including New York
Trending News
3 months ago

Starbucks workers expand strike to major US cities including New York

Hindustan Times  

Starbucks workers have expanded their strike to four more U.S. cities, including New York, the union representing over 10,000 baristas said late on Saturday. Workers picket in front of a Starbucks in the Brooklyn borough in New York, U.S. December 23, 2024. REUTERS/Eduardo Munoz The five-day strike, which began on Friday and initially closed Starbucks cafes in Los Angeles, Chicago …

Decaf Christmas: Starbucks strike expand to 10 major cities during busy holiday season
3 months ago

Decaf Christmas: Starbucks strike expand to 10 major cities during busy holiday season

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. open image in gallery The walkouts are organized …

Starbucks workers launch strikes in three US cities over pay disputes – What are the baristas’ demands?
3 months, 1 week ago

Starbucks workers launch strikes in three US cities over pay disputes – What are the baristas’ demands?

Live Mint  

Workers at Starbucks stores began a five-day strike on Friday, marking a significant escalation in ongoing labor disputes between the company and its unionized baristas. The strikes, initiated by Starbucks Workers United, are a response to the company's failure to reach a labor agreement after months of negotiations. The union has expressed concerns about Starbucks’ commitment to reaching a fair …

Starbucks workers to start U.S. strike on Friday: union
3 months, 1 week ago

Starbucks workers to start U.S. strike on Friday: union

Raw Story  

Workers at Starbucks will walk off the job Friday in three U.S. cities in a strike their union threatened could spread around the country in the busy run-up to Christmas. It's a last resort, but Starbucks has broken its promise to thousands of baristas and left us with no choice," a union press release quoted Texas barista Fatemeh Alhadjaboodi as …

Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve
3 months, 1 week ago

Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve

Associated Press  

Workers at Starbucks stores began a five-day strike Friday to protest lack of progress in contract negotiations with the company. Starbucks Workers United, the union organizing Starbucks’ baristas, said at least 10 locations were closed down as of midday Friday. Workers at 535 company-owned U.S. stores have voted to unionize, but Starbucks has nearly 10,000 company-owned U.S. stores Starbucks Workers …

Starbucks baristas in L.A. and other cities go on strike over elusive contract
3 months, 1 week ago

Starbucks baristas in L.A. and other cities go on strike over elusive contract

LA Times  

Baristas at a handful of Starbucks around Los Angeles as well as in Chicago and Seattle went on strike Friday, kicking off a work stoppage that union officials said would include hundreds of the coffee giant’s stores by Christmas Eve. At 10 a.m. a crowd of about 30 Starbucks workers, union organizers and supporters walked a picket line outside, chanting, …

Tata Consumer dismisses reports of Starbucks exiting India as baseless
3 months, 1 week ago

Tata Consumer dismisses reports of Starbucks exiting India as baseless

India Today  

Tata Consumer has responded to reports that claimed that Starbucks is exiting India due to high costs and mounting losses. In a stock exchange filing, the company said, “This is with reference to the news article titled - “Starbucks to Exit India Due to High Costs, Bad Taste, and Mounting Losses”. The Company would like to state that the information …

Starbucks to “hit the pause button” on price increases in the new year, CEO says
3 months, 1 week ago

Starbucks to “hit the pause button” on price increases in the new year, CEO says

Salon  

Starbucks has already implemented some major changes this year, including eliminating the surcharge for non-dairy milk, introducing “customization guardrails” to empower baristas and elevating its in-store experience. In a Dec. 5 interview with ABC News chief business correspondent Rebecca Jarvis, Starbucks CEO Brian Niccol said the chain will not increase its food and drink prices. “The approach we've taken right …

Starbucks Workers to Get Only 60% Bonus on Worst Year Since 2020
4 months ago

Starbucks Workers to Get Only 60% Bonus on Worst Year Since 2020

Live Mint  

-- Many Starbucks Corp. corporate workers are only getting 60% of their overall bonuses for the company’s most recent fiscal year due to the chain’s poor financial performance, according to a person familiar with the matter. The company’s weaker-than-expected financial results for the fiscal year that ended Sept. 29 are dragging down the overall payout for many workers who met …

More Sharpies, fewer customizations: How Starbucks aims to reclaim its identity
4 months, 2 weeks ago

More Sharpies, fewer customizations: How Starbucks aims to reclaim its identity

Salon  

In early September, just days after Brian Niccol had stepped into his role as the new chief executive officer at Starbucks, he published an open letter addressed to all the coffee chain’s partners, customers and stakeholders acknowledging two major truths about the brand: The first is that Starbucks, with its nearly 16,500 United States locations, is “woven into the fabric …

Starbucks CEO's Vision Sparks Cautious Optimism on Wall Street
4 months, 4 weeks ago

Starbucks CEO's Vision Sparks Cautious Optimism on Wall Street

Live Mint  

Starbucks CEO Brian Niccol's turnaround pitch has received positive feedback from Wall Street analysts. He plans to focus on coffee while being more disciplined with new offerings, slow down new store openings and remodels, and rein in customization. Niccol also vows to bring back ceramic mugs, use Sharpies for personalization, and restore condiment bars.

Starbucks China: Expanding into Lower-Tier Cities, Driving Growth in County-Level Stores
4 months, 4 weeks ago

Starbucks China: Expanding into Lower-Tier Cities, Driving Growth in County-Level Stores

China Daily  

Starbucks China's performance from its newly-opened county-level stores has shown improvement compared to those in higher-tier cities. The company's revenue in China reached $783.7 million in the fourth quarter, marking a 6 percent increase from the previous quarter despite a 7 percent decline year-on-year. However, comparable store sales in China faced a 14 percent decline due to intensified competition and …

Starbucks Revamps Cafes and Simplifies Menu, CEO Announces
Trending News
4 months, 4 weeks ago

Starbucks Revamps Cafes and Simplifies Menu, CEO Announces

India Today  

Starbucks CEO Brian Niccol announces plans to revamp its US cafes, focusing on improving comfort, simplifying the menu, and reducing wait times. The company will offer more comfortable seating, ceramic mugs, and a coffee-condiment bar, with an aim to reduce wait times to less than four minutes. Niccol also plans to simplify the menu, remove olive-oil-infused drinks, and focus on …

Starbucks’ new CEO reveals how he plans to turnaround business
6 months, 2 weeks ago

Starbucks’ new CEO reveals how he plans to turnaround business

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. In an open letter on the Seattle coffee giant's …

Starbucks’ new CEO wants to recapture the coffeehouse vibe
6 months, 2 weeks ago

Starbucks’ new CEO wants to recapture the coffeehouse vibe

Associated Press  

Starbucks’ new chairman and CEO said Tuesday that he plans to focus on improving service – particularly during the morning rush – and reestablishing stores as gathering places as he takes over at the struggling coffee giant. In an open letter on the Seattle coffee giant’s website, Brian Niccol said Starbucks is a beloved brand but that he found during …

Starbucks will give new CEO his own corporate private jet to fly between Seattle and California home
7 months ago

Starbucks will give new CEO his own corporate private jet to fly between Seattle and California home

Salon  

New Starbucks CEO Brian Niccol won’t be relocating to the company’s Seattle headquarters in anticipation of starting his new role next month. “You agree to commute from your residence to the Company’s headquarters as is required to perform your duties and responsibilities.” As for how Niccol will be traveling, Starbucks is providing him with his own corporate jet to commute …

Starbucks' CEO Chooses To Fly 1,600 Km Via Private Jet Than Relocate, Anupam Mittal Calls Him Out
7 months ago

Starbucks' CEO Chooses To Fly 1,600 Km Via Private Jet Than Relocate, Anupam Mittal Calls Him Out

ABP News  

Shark Tank India judge, Anupam Mittal, once again called out Starbucks. The executive said that he flies 1,600 km at least three times in a week to commute to the Starbucks headquarters in Seattle, instead of relocating to the region. https://t.co/8UCqqZPlrP — Anupam Mittal August 24, 2024 Starbucks recently replaced its CEO Laxman Narasimhan with Niccol, bringing in the latter …

Starbucks ousts CEO as market growth slumps
7 months, 2 weeks ago

Starbucks ousts CEO as market growth slumps

China Daily  

Starbucks, which has struggled this year in its two largest coffee markets — the US and China — on Tuesday ousted its CEO, responding to pressure from an activist investor and its longtime former boss. The Seattle-based company, the world's largest coffee chain, named Brian Niccol, the CEO at Chipotle Mexican Grill since 2018, as its new chairman and CEO, …

Starbucks' sales dip as customers seek better-priced coffee elsewhere
7 months, 3 weeks ago

Starbucks' sales dip as customers seek better-priced coffee elsewhere

Salon  

A growing number of customers are abandoning Starbucks in favor of alternative coffeehouses selling reasonably priced drinks and food. Last week, CNN reported that Starbucks sales dropped 3% globally at stores open for at least a year, including a 2% drop in its North America market. CEO Laxman Narasimhan told CNBC that more consumers are buying the brand’s line of …

The many reasons your Starbucks coffee now takes 30 minutes to make - and the 'Big Brother' tech they've introduced to speed workers up
9 months, 2 weeks ago

The many reasons your Starbucks coffee now takes 30 minutes to make - and the 'Big Brother' tech they've introduced to speed workers up

Daily Mail  

No wonder millions of customers have ditched Starbucks after complaining of painfully long waits for a coffee. Techomic, a data company, looked at the wait times after Starbucks own CEO admitted long waits were a major reason it was losing customers. Starbucks coffee shops have a clock that tracks how long staff talk to customers Starbucks baristas say cafes are …

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle
10 months, 3 weeks ago

Former Starbucks CEO Schultz says company needs to refocus on coffee as sales struggle

Associated Press  

Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post published over the weekend, Schultz said many people had reached out to him after Starbucks reported weaker-than-expected quarterly sales and earnings last week. In his post, Schultz said …

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2
10 months, 4 weeks ago

Starbucks lowers guidance, promises new drinks and deals after customer traffic fell in weak Q2

Associated Press  

Starbucks lowered expectations for its full-year sales and profit Tuesday after a disastrous quarter that saw a slowdown in store visits across the world. In China, Starbucks said the post-COVID recovery has been choppy, and it’s Starbucks is also facing ongoing boycott of its stores for its perceived support of Israel in the war in Gaza. Narasimhan said Starbucks will …

Starbucks’ Surprise Labor Pivot Could Spur a New Unionization Wave
1 year, 1 month ago

Starbucks’ Surprise Labor Pivot Could Spur a New Unionization Wave

Hindustan Times  

-- Starbucks Corp.’s new commitment to work with its main union to end hostilities and hash out a fair process for labor organizing is a landmark moment for labor relations — both at the coffee chain that’s long resisted organizing, and far beyond it. But they open a new era for the company, whose then-chief executive officer, Howard Schultz in …

21 Starbucks Stores Plan To Form Unions In 1-Day Blitz
1 year, 1 month ago

21 Starbucks Stores Plan To Form Unions In 1-Day Blitz

Huff Post  

LOADING ERROR LOADING Starbucks baristas from 21 stores around the country told the company Tuesday that they plan to organize, potentially adding hundreds of new members to a union campaign that’s battling the coffee chain for first contracts. The union, Workers United, said it is the largest group of Starbucks stores to go public with their organizing plans in a …

Starbucks reports record Q1 revenue but lowers outlook as consumer spending falls in some markets
1 year, 1 month ago

Starbucks reports record Q1 revenue but lowers outlook as consumer spending falls in some markets

Associated Press  

Starbucks reported record revenue in its fiscal first quarter but lowered its sales outlook for the rest of the year as spending weakens in China and other markets. Starbucks also saw record U.S. spending per order as visitors bought more food and spent more to customize their drinks. Narasimhan on Tuesday reiterated that Starbucks wants to restart negotiations with Workers …

Starbucks to expand India presence to 1,000 stores by 2028, enter tier-2 & 3 cities
1 year, 2 months ago

Starbucks to expand India presence to 1,000 stores by 2028, enter tier-2 & 3 cities

Hindustan Times  

Tata Starbucks on Tuesday announced that it will expand presence to 1,000 stores by 2028 from the present 390. A Starbucks oulet The company, an equal joint venture between the Tata Group and the global coffee chain Starbucks, has plans to open a new store every three days and also enter tier-2 and tier-3 cities, an official statement said. With …

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