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Starbucks News & Media

2020's most-downloaded foodservice apps revealed

January 11, 2021

UberEats, McDonald's and DoorDash were the the top 3 most-downloaded apps in the food and beverage category in 2020, according to Apptopia, a firm that tracks…

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Starbucks names new EVP/CFO

January 8, 2021

Patrick Gismer Patrick Grismer is retiring from his role as Starbucks executive vice president and CFO effective Feb. 1, 2021. Rachel Ruggeri…

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Starbucks names asset management CEO as non-executive board chair

December 9, 2020

Starbucks Corporation has named Mellody Hobson as it non-executive board chair. Hobson, who will take on the role in March 2021, is the co-CEO of asset…

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Starbucks, Panera Bread, McDonald’s winning the digital game

November 12, 2020

Digital sales will make up over 50% of limited-service restaurants' business by 2025, according to a study by Incisiv, which also predicted that although…

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Starbucks opening in Laos

November 2, 2020

Starbucks Coffee Company is opening its first Laos location next year in the capital city of Vientiane, located on the banks of the Mekong River near the…

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Starbucks New Zealand owner buys Burger King New Zealand

October 20, 2020

Tahua Partners — which owns the Starbucks franchise in New Zealand — will buy Burger King New Zealand. Antares Restaurant Group currently owns the chain in the…

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Starbucks linking exec pay to diversity targets

October 15, 2020

Starbucks CEO Kevin Johnson told employees this week that the company is committed to elevating diversity within its ranks by achieving Black, Indigenous and…

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Starbucks, Lyft giving free rides to the polls

October 6, 2020

As part of its goal to encourage voting this year, Starbucks is s providing all U.S. employees a free one-way Lyft ride up to $75, to the polls to vote…

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Starbucks raises dividends

October 1, 2020

Starbucks investors received good news Wednesday when the chain's board of directors approved a 10% increase in its quarterly cash dividend. Shareholders will…

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Luckin facing steep fine

September 22, 2020

Chinese-based Luckin Coffee, a pioneer in self-service coffee machines in addition to being a coffee shop chain, is one of 43 companies facing a $9 million…

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Starbucks dares to go strawless

September 10, 2020

As part of its commitment to eliminate plastic straws from its stores, Starbucks has made its strawless lids the standard for iced beverages in…

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Starbucks, Sweetgreen leading employees to the polls

by Cherryh Cansler — Editor, FastCasual.com

Two fast casual brands known for leading the industry — Sweetgreen and Starbucks — are leading their employees to the polls in November.

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Sweetgreen adds former Obama adviser, Starbucks exec to board

August 24, 2020

Sweetgreen has just scored two high-profile execs to join its board of directors — President Obama's former senior adviser, Valerie Jarrett, and Cliff Burrows…

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Starbucks connects guests to coffee with digital traceability tool

August 21, 2020

Starbucks guests will be able to get to know the people who grow, harvest, roast and prepare their coffee, thanks to the company's digital traceability…

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It's Fall: Starbucks told me so

August 12, 2020

Pumpkin Spice season is officially here, according to Starbucks, which has already made its fall flavors available in grocery stores.

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Starbucks swings to fiscal 3Q loss, but sees daylight

by David Jones — Editor, Networld Media Group

July 29, 2020

Starbucks Corp. swung to a fiscal third-quarter loss as the global coffee house continued to deal with the impact of COVID-19, although executives said the…

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Starbucks gives more payment options to loyalty members

July 21, 2020

Starbucks is expanding the number of payment options available to its most loyal customers, allowing Starbucks Rewards members to pay using cash, credit/debit…

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Summer menu trends revealed: Fruity, refreshing, plant-based

by Cherryh Cansler — Editor, FastCasual.com

For many, summer triggers thoughts of swimming suits, picnics and vacations, but for fast casual restaurants, it signals refreshing limited-time offers.

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Starbucks closing 400 stores

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Over the next 18 months, Starbucks will increase convenience-led formats in company-operated locations with drive-thru and curbside pickup options, as well as…

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Starbucks transforming US stores

Understanding that the customer experience will never be the same even when COVID-19 is in the rearview mirror, Starbucks is doubling down on its digital…

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