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Starbucks promises million-dollar bonuses to executives as baristas continue a months-long fight for better pay.
Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its pricey coffees in the United States amid rising macroeconomic ...
Starbucks Corp. on Monday announced price cuts for a slew of its tea-based beverages at its stores across China, as the American coffee chain takes a more aggressive approach to revive sales at ...
If you’re a fan of discounts and buy one, get one specials at Starbucks, here’s some bad news-- the coffee is dialing back the deals. The company announced it would dial back its frequent ...
Starbucks is planning to use zero-based budgeting starting during its next fiscal year.; The coffee chain is trying to cut expenses to pay for its turnaround efforts. Other companies have used ...
Victoria's Secret is cutting back on some discounts and gifts as it faces higher costs from tariffs.; The lingerie chain expects a $50 million operating income hit from the duties in 2025.
Struggles Weighing on Starbucks. Starbucks’ challenges are many. Inflation-weary consumers are cutting back on discretionary spending and reducing visits to premium coffee shops.
Starbucks said on Thursday it had elected economist Dambisa Moyo and Marissa Mayer, CEO of an AI startup, to its board, effective June 25. These appointments come as the coffee giant doubles down ...
Starbucks is changing one of its most generous parts of its loyalty program, marking the latest effort by CEO Brian Niccol to boost profits.
Starbucks is changing one of the most generous parts of its loyalty program, marking the latest effort by CEO Brian Niccol to boost profits. Beginning June 24, the coffee chain is eliminating the ...
He has also brought back a company tradition of baristas doodling on cups, as well as self-serve milk and sugar stations. The-CNN-Wire & 2025 Cable News Network, Inc., a Time Warner Company. All ...
The stock has fallen 16% in the past three months and was recently trading at $84.48. WHAT TO WATCH--Consumers have likely been cutting back on coffee trips amid a tougher discretionary-spending ...