Carlyle, EQT, HongShan among final bidders for Starbucks China: sources
Global investment firms Carlyle Group and EQT, alongside regional players HongShan Capital Group and Boyu Capital, are preparing final offers ...
Tag: Starbucks
Starbucks opens free study rooms in China to lure back customers
Starbucks has launched free “study rooms” in some of its China outlets, the company’s latest initiative to help boost consumer ...
Starbucks reshuffles leadership to accelerate turnaround bid
Starbucks is reorganising part of its senior ranks, looking to speed up plans to reverse a sales slump.Mike Grams, hired ...
Starbucks is said to kick off process to sell stake in sprawling China business
Starbucks has contacted private equity (PE) firms, technology companies and others as it considers options for its China business, including ...
Starbucks is said to start process to revamp vast China business
Starbucks has contacted private equity (PE) firms, technology companies and others as it considers options for its China business, including ...
Starbucks says turnaround on track as sales decline persists
Starbucks’ chief executive officer said he’s confident the company’s turnaround is progressing even though a key gauge of sales declined ...
Starbucks faces new hot spill lawsuits weeks after US$50 million ruling
Starbucks was facing two new lawsuits over spilled hot drinks on Wednesday (Apr 2), just weeks after a court ordered ...
Starbucks to outsource some tech work after corporate shake-up
The goal is to shift full-time workers to the company’s most important initiatives while leaning on service providers for “speed ...
Starbucks cuts 1,100 corporate jobs in bid to speed turnaround
STARBUCKS is eliminating 1,100 corporate jobs in a move aimed at increasing efficiency and quickly enacting changes to revitalise the ...
Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of ...
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