Starbucks

Starbucks to add 100 new UK stores as Britons thirst for iced espressos

LONDON, March 6 (Reuters) - Starbucks is to open 100 new coffee shops across Britain this year, as the country's appetite for vanilla lattes, iced espressos and banana caramel muffins…

Read More Here

Starbucks to hike prices to offset inflation

Starbucks Corp will raise menu prices in 2022 and reduce some spending to offset soaring costs for labor and goods, as rising COVID-19 cases prompted the coffee chain to lower…

Read More Here

Starbucks sales fall short as China hit by COVID-19 resurgence

Starbucks Corp missed market estimates for quarterly same-store sales, as a COVID-19 resurgence in China closed stores in several major cities and overshadowed a strong performance by its U.S. business.…

Read More Here

Starbucks considering leaving Facebook over hate and intolerance

Coffee giant Starbucks is said to be considering leaving Facebook over the “negative/insensitive, hate speech-related comments” it receives on its posts about social justice issues. BuzzFeed News reports that frustration…

Read More Here

Starbucks closes 2,000 stores in China over coronavirus outbreak

Starbucks has closed more than 2,000 outlets in China and cautioned that its annual financial results had been threatened by the coronavirus, highlighting the challenges facing corporate America from the…

Read More Here

Could Starbucks make it in the country of espresso?

Starbucks executive chairman Howard Schultz fuelled speculation that the brand is coming to the land of espresso, Italy. The multinational coffee-house chain grew from 11 stores in 1983 to a…

Read More Here

Nestle pays €7.15 billion to sell Starbucks

Nestle and Starbucks announced that the former will pay Starbucks $7.15 billion (5.3 billion pounds) in cash for the rights to sell the U.S. coffee chain’s products around the world,…

Read More Here