Starbucks named a new chief financial officer on Tuesday as part of a larger turnaround strategy. Cathy Smith, who has been ...
Mixue Bingcheng, a bubble tea and ice cream chain from China, has officially dethroned McDonald’s and Starbucks to become the ...
Starbucks is losing as a place where people want to go for coffee. It's lost customer goodwill and it needs more than a ...
Curious about the cost of owning a Starbucks franchise? In this video, we break down everything you need to know about ...
Most data points suggest that trouble is brewing at Starbucks. Whether you look at earnings reports, comparable store sales, ...
Starbucks CEO Brian Niccol told employees on Monday that the company was laying off 1,100 from its corporate offices and ...
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 has 16,000 employees across its corporate offices and other areas of the business, such as roasting operations. It said that not all of those employees were on teams affected by the layoffs.
Economic pressures have compounded challenges specific to Starbucks’ business model. The company’s premium positioning, which historically justified higher price points, has become ...
Some store employees, whom Starbucks refers to as "partners," told Business Insider last fall that their locations were often overwhelmed by the number of mobile orders. They said that led to long ...