The coffee giant will open a statement-making, 25,500-square-foot roastery in the historic Palazzo Delle Poste in Milan late in 2018, the company revealed on Tuesday. When it debuts, it will mark Starbucks’ first roastery in the European, Middle Eastern and African region, and its fifth international spot.
Category: Starbucks
Trump spurred a ‘consumer awakening’ that is pushing…
On January 27, President Donald Trump signed an executive order barring refugees and immigrants from seven predominantly Muslim countries from entering the US. Before the day was over, Facebook’s CEO had published a post denouncing the order.
Trump spurred a ‘consumer awakening’ that is pushing…
On January 27, President Donald Trump signed an executive order barring refugees and immigrants from seven predominantly Muslim countries from entering the US. Before the day was over, Facebook’s CEO had published a post denouncing the order.
Pepsi Sees Need to ‘Double Down’ on Healthier Products
PepsiCo’s North American CEO Albert Carey discussed the company at the Consumer Analyst Group of New York conference on Wednesday. PepsiCo North America CEO Albert Carey said that there is a need to ‘double down’ on healthier foods and beverages.
Pepsi Sees Need to ‘Double Down’ on Healthier Products
PepsiCo’s North American CEO Albert Carey discussed the company at the Consumer Analyst Group of New York conference on Wednesday. PepsiCo North America CEO Albert Carey said that there is a need to ‘double down’ on healthier foods and beverages.
Social Media Goes Nuts As They Stumble Over Dunkin’ Donuts First Ever Bottled Coffees
At long last you can now find Dunkin’ Donuts in a bottle while walking down a supermarket aisle. And that has some on social media pretty jazzed up.
Starbucks CEO Schultz Plans to Hire 10,000 Refugees After Trump Ban
Starbucks Chief Executive Officer Howard Schultz said on Sunday that the company planned to hire 10,000 refugees over five years in 75 countries, two days after U.S. President Donald Trump’s executive order banning refugees from certain countries. Trump on Friday put a four-month hold on allowing refugees into the United States and temporarily barred travelers from Syria and six other Muslim-majority countries, saying the moves would help protect Americans from terrorist attacks.
Allergan, Starbucks, Citigroup: Doug Kass’ Views
Doug Kass shares his views every day on RealMoneyPro. Click here for a real-time look at his insights and musings.
Starbucks CEO pledges to hire 10,000 refugees globally
Starbucks has pledged to hire 10,000 refugees globally over the next five years, in response to US President Donald Trump’s recent immigration ban . In an open letter to staff, chief executive Howard Mr Schultz said the president’s order had caused “confusion, surprise and opposition”.
Starbucks to hire 10,000 refugees over next 5 years
Starbucks says it will hire 10,000 refugees over the next five years, a response to President Donald Trump’s indefinite suspension of Syrian refugees and temporary travel bans that apply to six other Muslim-majority nations. Howard Schultz, the coffee retailer’s chairman and CEO, said in a letter to employees Sunday that the hiring would apply to stores worldwide and the effort would start in the United States where the focus would be on hiring immigrants “who have served with U.S. troops as interpreters and support personnel.”
Starbucks CEO Howard Schultz Stands Up to Trump, Wants to Hire 10,000 Refugees
Never one to refrain from speaking out on political issues, Starbucks CEO Howard Schultz took to his soap box on Sunday evening and fired back at the Trump administration following its controversial immigration ban. “I write to you today with deep concern, a heavy heart and a resolute promise,” Schultz said in a new blog post , adding, “We are living in an unprecedented time, one in which we are witness to the conscience of our country, and the promise of the American Dream, being called into question.”
How to Trade the Week’s Most Active Stocks – Rite Aid, Intel, Starbucks and More
Put down the 10-K filings and the stock screeners. It’s time to take a break from the traditional methods of generating investment ideas.
4 Must-See, New Quotes From Starbucks Management
During the call, management gave investors insight into the company’s congestion problem, ongoing digital flywheel efforts, and success in China. While the market has focused on Starbucks’ lower-than-expected global same-store sales growth in its first quarter, it’s worth noting that the figure — at 3% — is still solid, particularly amid a challenging environment for restaurants and retailers.
Why a Ceo’s Success Might Depend On Their Experience Of Board Diversity
A new CEO often has big shoes to fill: Just ask Starbucks CEO Howard Schultz’s successor Kevin Johnson as he takes over the helm this year. But if there isn’t a clear successor, a company will look further afield to find a new leader .
Futures Head Lower, Asia Mixed as Investors Mull Trump
All eyes will be on the Republicans and President Trump on Friday as a strategy session ends and the U.K. prime minister lands. Futures for U.S. markets indicated a lower open late Thursday after a turbulent political day and a number of high-profile earnings reports, including Starbucks and Alphabet , that fell short of investor expectations.
Starbucks Sinks Despite Record Holiday Results
Yet even with such an impressive growth history in the rearview mirror, Starbucks still has to demonstrate to investors that it has the capacity to sustain that growth going forward. Coming into Thursday’s fiscal first-quarter financial report, Starbucks investors expected solid gains in revenue and earnings.
Will Starbucks Grow Even Faster in 2017?
The coffee giant revolutionized the coffeehouse industry in the U.S., and along the way, Starbucks has expanded its reach across the globe and has made its presence almost ubiquitous domestically. Yet as investors prepare for Starbucks’ fiscal first-quarter results on Thursday, some worry that the company might start to have difficulty sustaining its past growth rates indefinitely.
McDonald’s Lags Behind Starbucks, Dunkin’ Donuts Apps and Loyalty Programs
Unlike Starbucks and Dunkin’ Donuts , the fast-food giant has yet to launch an order-and-pay app or loyalty program. In November, McDonald’s said it would roll out technology allowing customers to order and pay for food on their smartphones.
McDonald’s App Versus Burger King App: Which Is Better for You?
I will preface this by saying I love the Burger King and McDonald’s apps and have for years now. I’m not proud of it, but if I’m going to cut corners, it may as well be as part of my meal choices in the wee hours of the morning.
11 Coffee Stats that Will Blow You Away
For centuries, millions of people around the world have enjoyed the energizing effects of coffee. Incredibly, even after hundreds of years of growth, worldwide coffee consumption remains on the rise.
3 Things to Watch When Starbucks Corporation Posts Earnings
Starbucks last posted a minor 1% increase in global customer traffic for the trailing 12 months, compared to a 3% boost in the prior period. That decline was entirely responsible for comparable-store sales growth slowing to a 5% pace from 6% or better in each of the prior four fiscal years.
Starbucks Phase-Out of Alcohol, Emphasis on Luxury Coffees Fits With Plan to Woo More Millennials
The Seattle-based coffee giant is going to stop selling beer, wine and specialty food at U.S. locations, and focus on expanding its high-end brand of coffee shops and coffees. On Friday, Starbucks announced that it will stop selling beer, wine and some specialty food at more than 400 locations nationwide.
Starbucks Could Have a Mind-Blowing 50,000 Restaurants in Our Lifetime
One Wall Street analyst definitely doesn’t think there is already a Starbucks on every street corner in the world. “Well beyond 2021, we would not be surprised to see Starbucks exceed the 50,000-store level,” wrote Nomura analyst Mark Kalinowski in a note on Tuesday.
Better Buy: Starbucks Corporation vs. Chipotle Mexican Grill, Inc.
A mature restaurant with over 1,000 locations putting up comparable-store sales growth of near 20%? Impossible! And then, the disaster of foodborne illness hit. That has been followed by criminal investigations, plummeting sales, a jettisoning of a co-CEO, and a stock that has lost almost half of its value in little more than a year.
7 Starbucks items that failed spectacularly
Starbucks is constantly coming out with new drinks and products to keep customers coming back again and again for a fresh twist on their caffeine fix. We rounded up some of Starbucks’ biggest fails with the help of Melody Overton, a Seattle attorney who runs the blog StarbucksMelody.com .
Starbucks Free, Holiday Espresso Drinks Could Spur a Long-Term Boost to Sales
On Friday, Seattle-based coffee mega-chain Starbucks announced that, in the spirit of the holidays, the company would be giving away free tall espresso drinks. Starbucks stock sank slightly.