Business
Starbucks reshuffles leadership to accelerate turnaround bid
Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump. Mike Grams, hired last year as…
Tag
starbucks
News
‘Morally repugnant’: Brazilian workers sue coffee supplier to Starbucks over ‘slavery-like conditions’
“John” was just days from turning 16 when he was allegedly recruited to work on a Brazilian coffee farm that supplies the global…
Business
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the…
Business
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after…
Business
Starbucks CEO made US$96 million in first four months on the job - The Business Times
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest…
Unsorted
Starbucks workers expand strike in US cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said…
Unsorted
Is Dunkin' Cheaper Than Starbucks?
Ever find yourself standing in line, coffee in hand, wondering if your wallet would be happier at Dunkin’ or Starbucks? You’re not alone.…
Business
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking…
Business
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing…
Business
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to…
Business
New Starbucks CEO is testing investors’ US$21 billion bet
Starbucks’ new chief executive Brian Niccol is facing a key test: convincing investors he’s worth the US$21 billion in market value the…
Business
Starbucks new CEO taps fellow Chipotle alum for top marketing role
STARBUCKS on Friday (Oct 18) announced it hired food marketing veteran Tressie Lieberman to take its top marketing job, the latest in a…
Unsorted
Starbucks buys research farms as climate change threatens coffee supply
STARBUCKS is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to…
Business
Starbucks new CEO wastes no time in overhauling executive ranks
STARBUCKS’ new chief executive officer Brian Niccol is wasting no time rearranging the company’s top ranks, undoing some leadership…