Topline The first of 130 former Starbucks coffee shops resuming business in Russia under the name Stars Coffee opened its doors in Moscow on Thursday — making it the latest rebranding of a Western cha...
Tag: Starbucks
Starbucks asks labor board to suspend mail-in ballot union elections, alleging misconduct in voting process
A sign is seen as Activists participate in an event dubbed the Un-Birthday Party and picket line for Starbucks CEO Howard Schultz on July 19, 2022 in New York City. Activists gathered near SchultzR...
Ajisen Joins Yum China With Weak Results Amid Lockdowns
Pedestrians walk past a Japan-based fast food restaurants chain Ajisen Ramen restaurant in Shanghai … [+] in 2019. (Photo by Alex Tai/SOPA Images/LightRocket via Getty Images) SOPA Images/LightR...
Starbucks Unveils Web3 Rewards Program
The aim of this program is to attract new customers Starbucks intends to launch branded digital collectibles The entire launch will be disclosed on Sep 13 Worldwide espresso goliath Starbucks has repo...
Coffee Giant Starbucks Hints at Branded ‘Digital Collectibles’ in New Web 3 Customer Rewards Program
Coffee giant Starbucks is working on a new rewards program that involves branded digital collectibles for caffeine consumers. During the company’s Q3 earnings call on August 2nd, interim chief executi...
Should I invest in Starbucks after the Q3 results?
Starbucks Corporation (NASDAQ: SBUX) reported better than expected third-quarter results this Tuesday, but the company’s guidance remains suspended for the balance of this fiscal year. Total revenue t...
Starbucks Teases Web3 Updates to Its Popular Rewards Program
Web3 will play a part in the future of Starbucks’ popular rewards program, Starbucks CEO Howard Schultz said. “We have been working on a very exciting new digital initiative that builds on...
Starbucks teases Web3 rewards program to attract new customers
Global coffee store franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, according to its interim CEO Howard Schultz. Speaking during the firm’s f...
Starbucks Reveals Web3 Involvement In Its Popular Rewards Program
Howard Schultz, CEO of Starbucks, shared that Web3 will be involved in Starbucks’ popular rewards program in the future. On Tuesday, during the company’s Q3 2022 earnings call, Schultz revealed ...
Starbucks set to launch its web3 reward program
Global coffee shop franchise giant Starbucks is looking to launch a new Web3 rewards program to attract and retain customers, details of which will be announced next month. Starbucks enters the NFT wo...
Starbucks to Incorporate Web3 into Its Rewards Program
The introduction of web3 technology to the international coffeehouse’s rewards program could potentially drive mainstream blockchain and NFT adoption. Starbucks has announced a new web3 rewards progra...
Starbuck’s First NFT Collection and Web 3.0 Experience
In its 2018 annual report, Starbucks said that its app users had a total of $1.6 billion. Starbucks refers to the Web3 experience as a “third place.” Starbucks is all set to release its own Non Fungi...
Starbucks CFO says ‘demand is strong’ as firm rises on Q3 beats
Starbucks Corporation (NASDAQ: SBUX) climbed as the opening bell rang on August 3 as the coffeehouse chain reported a strong earnings quarter. During Q3, the firm noted comparable sales in North Ameri...
Is Starbucks stock a ‘buy’ after better-than-expected Q3 earnings?
Shares of Starbucks Corporation (NASDAQ: SBUX) are in the green this morning after the chain of coffeehouses reported better-than-expected profit for its fiscal third quarter in the face of a big hit ...
Starbucks Q3 2022 Quarterly Earnings Exceed Expectations amid High Demand for Cold Beverages in US
However, net income attributable to Starbucks in the fiscal third quarter was $912.9 million, or 79 cents per share. This is lower than the previous year’s $1.15 billion or 97 cents per share. Unlike ...
Starbucks (SBUX) Q3 2022 earnings beat estimates
An employee hands a bag to a customer at the drive-thru of a Starbucks coffee shop in Hercules, California, on Thursday, July 28, 2022. David Paul Morris | Bloomberg | Getty Images Starbucks on Tuesda...
Starbucks union asks coffee giant to extend pay hikes, benefits to unionized stores
With pay increases set to kick in at Starbucks cafes around the U.S. on Monday, labor organizers are asking the coffee giant to extend the benefits to unionized stores as well without going through th...
McDonald’s and Starbucks are gaining, but which one should you own now?
McDonald’s Corporation (NYSE:MCD) and Starbucks Corporation (NASDAQ:SBUX) operate in a related industry. Both offer consumer food-related products, which get affected almost equally in tight economies...
First Starbucks, then Amazon, now a Korean BBQ restaurant union. Wage workers know they deserve more
Steven Chung, a former head waiter at Genwa Korean BBQ, poses for a portrait on the same street as the restaurant in Los Angeles in July 2019. (Marcus Yam / Los Angeles Times) Three years ago I wrote ...
Starbucks Store Closings Spark Dispute With Unionizing Employees
Starbucks (SBUX) – Get Starbucks Corporation Report interim Chief Executive Howard Schultz is looking to the future. In a July 11 letter to employees Schultz laid out a new vision and principl...
Starbucks is set to close these 16 U.S. stores over safety concerns
Starbucks will close 16 U.S. stores, mostly on the West Coast, by the end of July because of safety concerns, according to the company. Most of the stores set to close are in the Los Angeles and Seatt...
Over $300,000 raised for Burger King employee who never missed work in 27 years and got a backpack, movie ticket, and Starbucks cup as a gift
Burger King employee Kevin Ford never missed a day’s work in the 27 years he spent as a cook at the Las Vegas McCarren airport location of the chain restaurant. So when he arrived at work on the 27th ...
Starbucks reopens dining rooms in 800 stores in Shanghai; Is SBUX stock a buy?
Shares of the Seattle-based company, Starbucks (NASDAQ: SBUX), have dropped 34% in 2022, on pace for its worst year since 2008. It seems that for investors, issues in China, soaring inflation, and uni...
Jim Cramer on Starbucks stock: ‘I’m all in”
It’s been a terrible first half of the year for Starbucks Corporation (NASDAQ: SBUX), but Jim Cramer is convinced it will be a different story moving forward. Cramer’s bull case for Starbu...
U.S. Stocks Poised to Fall on Monday
Stocks are set to open lower on Monday ahead of another busy earnings week. (Photo by ANGELA WEISS / AFP) (Photo by ANGELA WEISS/AFP via Getty Images) AFP via Getty Images Text size U.S. stocks are se...