US: Wall St opens higher on PPI, Starbucks boost
Wall Street opened higher on Tuesday (Aug 13) after producer prices data showed abating inflation pressures, keeping the Federal Reserve ...
Tag: Starbucks
Starbucks names Brian Niccol as CEO, replacing Narasimhan
The abrupt leadership shakeup comes after activist investors Elliott Investment Management and Starboard Value reportedly amassed stakes in the companyStarbucks ...
Activist Starboard Value takes stake in Starbucks, WSJ reports
ACTIVIST investor Starboard Value has a stake in Starbucks the Wall Street Journal reported on Friday (Aug 9), adding that ...
Starbucks sales fall as diner retreat extends in US, China
STARBUCKS posted a second consecutive quarter of declining sales as pullback from coffee treats hurt results. Comparable sales, a measure ...
China’s Luckin Coffee is back from the brink and beating Starbucks
AFTER revelations of accounting fraud at coffee chain Luckin Coffee emerged in 2020, many believed it was over for the ...
Starbucks points to weaker consumer as profit falls
Starbucks reported lower profits on falling sales on Tuesday (Apr 30) as the coffee giant pointed to weakening consumer sentiment ...
Starbucks set for talks with unionised US stores
STARBUCKS is set to hold talks with labour representatives from stores that have voted to unionise in a key step ...
Starbucks is designing quieter stores to make sure it gets your order right
STARBUCKS does not want you to have to shout to order your iced latte.The coffee chain’s new and renovated stores ...
Starbucks Middle East franchisee AlShaya to cut over 2,000 jobs: sources
GULF retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off ...
Starbucks, US union agree to form ‘framework’ for organising, bargaining
STARBUCKS and a union seeking to organise the coffee chain’s US workforce said on Tuesday they have agreed to create ...
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