Starbucks has been promoting China as a growth story for years. But unexpected domestic weakness and a major international ...
"When we get back to our core identity and consistently deliver a great experience, our customers will come back," Starbucks ...
Starbucks Corp. (NASDAQ: SBUX) needed large growth in China to drive its global expansion. As recently as last year, management said China sales would rise rapidly. Recently, sales in the world ...
Starbucks says the Oleato range of drinks will still be sold in some outlets in Italy, Japan and China. "While this decision was made prior to Brian Niccol taking the role of CEO, the decision to ...
Hello Kitty will celebrate her 50th birthday on Nov 1. The Straits Times shares 50 things about the charming global icon. 1.
Starbucks will stop selling the olive oil-infused coffees it debuted last year. Bloomberg first reported Tuesday that the coffeehouse chain plans on "saying goodbye" to the Oleato coffee drinks ...
Starbucks is telling its corporate staff they could be fired if they don’t come to work at the office three days a week. Starting in January, Starbucks will implement a “standardized process ...
Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s largest coffee chain, Luckin Coffee, is planning to enter the US market and undercut rivals ...
But Luckin restored its fortunes in its home market of China. By 2022, Luckin stores had overtaken the number of Starbucks outlets in China. Then in 2023, Luckin reported annual revenue of 24.9 ...
Starbucks is dedicated to being an inclusive, equitable, accessible and diverse company, with a responsibility to help create opportunity and advance equity in every community we serve. We do this by ...