He’s not making the company profit, I am. Me and my coworkers are. Baristas nationwide are producing the goods that people want to buy.”
Starbucks is planning on making major cuts to its menu offerings by the end of the year. Starbucks CEO Brian Niccol spoke during the company’s first quarter fiscal year 2025 earnings call, and said the company would be cutting its food and beverage offerings by nearly a third by the end of the year.
Starbucks has reported better-than-expected sales in its fiscal first quarter as some of its turnaround efforts start to take hold.
Starbucks Corp. (Nasdaq: SBUX) CEO Brian Niccol is once again shaking up the coffee giant's C-suite, and he's bringing more of his former colleagues to fill it.
SEATTLE — Despite officially starting his tenure at Starbucks in September, the company's new CEO was awarded nearly $100 million in total compensation in his first four months.
The openings come after the coffee chain has closed a number of Seattle locations in recent years. Here's where they're planned.
The Ballard store will be located at 999 Leary Way and is expected to open on May 29. That location will also include Starbucks' new Siren System. A few months later in the fall, the Rainier Valley location will open at 9150 Rainier Ave S.
Starbucks' policy requiring purchases in order to use restrooms or hang out at the coffee shops began today. The chain's free refills era also starts.
Free refills and milk are back at the stores, with certain exceptions, all a part of the Seattle-based company’s January policy changes.
Plus, with 16,000 U.S. locations, there's a Starbucks on just about every corner. There's a reason you pass so many Starbucks on your daily commute. Starbucks deliberately cluster
Starbucks will be trialling new methods to get rid of certain customers that frequently visit the coffee chain. It's gone as far as installing panic buttons for staff to use, reports claim.
Starbucks is scheduled to report earnings after Tuesday's close. Here's a closer look at what the Street expects from SBUX.