Starbucks' union workers plan strike next week unless company agrees to a contract
Read full article: Starbucks' union workers plan strike next week unless company agrees to a contractStarbucks’ union members have voted to strike at U.S. stores next week unless the company finalizes a contract agreement.
Starbucks halts 2-year sales slide, but costly improvements hurt its profits
Read full article: Starbucks halts 2-year sales slide, but costly improvements hurt its profitsStarbucks halted a long sales slide in its fiscal fourth quarter as fall drinks and improved service brought customers back to its stores.
Starbucks to close hundreds of stores, lay off 900 workers as part of turnaround plan
Read full article: Starbucks to close hundreds of stores, lay off 900 workers as part of turnaround planStarbucks 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 looks to protein drinks and other new products to turn around lagging US sales
Read full article: Starbucks looks to protein drinks and other new products to turn around lagging US salesStarbucks 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 takes aim at remote work, says some employees may need to relocate to headquarters
Read full article: Starbucks takes aim at remote work, says some employees may need to relocate to headquartersStarbucks 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.
CEO pay rose nearly 10% in 2024 as stock prices and profits soared
Read full article: CEO pay rose nearly 10% in 2024 as stock prices and profits soaredThe 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 cutting some 'less popular' drinks from its menu. Here's what will be removed next week
Read full article: Starbucks is cutting some 'less popular' drinks from its menu. Here's what will be removed next weekStarbucks is making cuts to its menu, with some of the coffee giant’s “less popular beverages” set to take their final bow next week.
Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffs
Read full article: Stock market today: Wall Street falls as US consumers get more pessimistic about inflation, tariffsWall Street fell further from its record as worries worsen among U.S. consumers about inflation and tariffs.
Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve
Read full article: Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas EveWorkers at U.S. Starbucks stores have begun a five-day strike to protest a lack of progress in contract negotiations with the company.
Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales
Read full article: Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging salesStarbucks’ 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.
Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders
Read full article: Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile ordersFifty-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 is giving its new CEO a huge pay package and not making him move to Seattle
Read full article: Starbucks is giving its new CEO a huge pay package and not making him move to SeattleStarbucks' 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.
Stock market today: Wall Street rallies to one of its best days of the year after inflation report
Read full article: Stock market today: Wall Street rallies to one of its best days of the year after inflation reportU.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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