May 3, 2022
Starbucks Corporation is investing $1 billion to increase pay for workers, modernize training and collaboration and elevate the customer experience.
read nowMay 3, 2022
Starbucks reported Tuesday that its U.S. same-store sales were up 12%, which beat Wall Street expectations of nearly 9%, but revenue and earnings per share…
read nowApril 6, 2022
Starbucks General Counsel Rachel Gonzalez is stepping down but will serve as an adviser until she leaves the company on May 20. She will receive at least $7.…
read nowby Cherryh Cansler — Editor, FastCasual.com
March 16, 2022
Shortly after Starbucks CEO Kevin Johnson announced his retirement Tuesday, he told shareholders during the brand's annual meeting the company would continue…
read nowMarch 16, 2022
Starbucks CEO and President Kevin Johnson is retiring after a 13-year tenure at the company, including the last five years as CEO, according to a company press…
read nowMarch 15, 2022
Starbucks is launching several initiatives designed to help support sustainability efforts, including a reusable cup program, a waste and recycling app to…
read nowMarch 14, 2022
Starbucks is hoping to create more inclusive environments by adding 1,000 Starbucks Community Stores, which are led by employees who directly connect to the…
read nowFebruary 28, 2022
Selecta Group, the Switzerland based route service provider of coffee and convenience food solutions, has teamed with Thermoplan Inc., a producer of fully…
read nowby Cherryh Cansler — Editor, FastCasual.com
February 2, 2022
Starbucks is raising prices thanks to high inflation, supply chain issues, COVID-19 resurgences and labor shortages, CEO Kevin Johnson said Tuesday during the…
read nowJanuary 31, 2022
Centurium Capital, a private equity investment firm in China, has become the controlling shareholder of Luckin Coffee, having led a consortium to complete a…
read nowJanuary 20, 2022
Bluestone Lane, an Australian-inspired specialty coffee roaster, cafe and lifestyle brand, has appointed Jim Alling to its board of directors. The former…
read nowJanuary 20, 2022
Starbucks' 200,000 workers won't have to show proof of vaccination for COVID-19 or undergo weekly testing, a reversal of the company's policy outlined two…
read nowJanuary 11, 2022
Starbucks announced Tuesday that it would spend $1.5 billion with diverse suppliers as part of its focus on advancing racial and social equity. In FY21, the…
read nowDecember 14, 2021
Workers at two Boston-based Starbucks stores filed to unionize Monday just one week after fellow employees in Buffalo unionized the first store in the chain.
read nowby Cherryh Cansler — Editor, FastCasual.com
December 10, 2021
Despite a letter sent this week to Starbucks employees from CEO Kevin Johnson reminding them that they were the "heartbeat of this company," workers at the…
read nowNovember 22, 2021
In an effort to streamline its technology use and to increase visibility into store operations, Starbucks Europe, Middle East and Africa, which operates in 4…
read nowNovember 19, 2021
Starbucks and Amazon have introduced the companies' first joint store, Starbucks Pickup with Amazon Go, located in New York City at 59th Street between Park…
read nowNovember 19, 2021
Starbucks' paid ad campaigns are the top paid share-of-voice, defined by the percentage of sponsored impressions on social media, according to a study by…
read nowNovember 9, 2021
Amazon and Starbucks have reportedly discussed a co-branded, cashierless coffee shop, expanding on Amazon Go's "just walk out" technology, according to an…
read nowby Cherryh Cansler — Editor, FastCasual.com
Starbucks reported Thursday that Q4 revenue fell short of expectations, thanks to a 7% drop in same-store sales in China.
read now