Twenty years ago Starbucks (NASDAQ: SBUX) was successfully building a chain of uniformly familiar coffee houses. The prospect of becoming one of the planet’s most prolific food and beverage outfits, however, seemed remote at the time. We now know that’s exactly what was in the cards. Its store count went from 7,800 stores then to […]
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Banks and post offices will be closed on Wednesday, June 19 in observance of Juneteenth, however major restaurant, grocery and retail store chains will remain open on the holiday. Companies such as Target, Walmart, Starbucks, and Costco, among many others, will keep their doors open on the federal holiday this year. The stock market, however, […]
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WASHINGTON (AP) — The Supreme Court on Thursday made it harder for the federal government to win court orders when it suspects a company of interfering in unionization campaigns in a case that stemmed from a labor dispute with Starbucks. The justices tightened the standards for when a federal court should issue an order to […]
In 2008, Apple founder Steve Jobs “screamed” in the face of Starbucks then-CEO Howard Schultz, encouraging the coffee chain boss to fire his leadership team. Schultz is a familiar face at the helm of the Seattle-founded brand, having had three separate tenures in the corner office. His first was in 1987—when he and local investors […]
Major food, drink and retail changes should start soaring into the Boise Airport later this year. And some of them are going to, well, rock. If the Boise City Council approves contracts as expected, travelers will discover an almost entirely new lineup — one that reflects growing, evolving Boise. “All current food, beverage and retail […]
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Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal. Coffee powerhouse Starbucks (Nasdaq: SBUX) has opened two new stores in Central Florida — including one that represents a first for the market — in addition to five more new locations in the construction pipeline, […]
Starbucks (NASDAQ: SBUX) is a premium brand that has become ingrained in many people’s daily routine. But the company’s recent quarter showed that even the best consumer companies can go through a difficult time. In fact, Starbucks’ recent results were downright dreadful. Still, the 50-year-old brand has been through tough times before and has always […]
By Casey Hall and Sophie Yu SHANGHAI (Reuters) – As Starbucks faces stiff competition for its brew in China from fast-growing, low-cost rivals who have chipped into its market share, the coffee chain is increasingly being dragged into a price war it says it wants to avoid. The stakes are high for Starbucks, which has […]