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The Latest Breaking News from Starbucks

Starbucks CEO hype has been 'overdone,' Jefferies analysts say in rare downgrade

It’s the first time in over a decade Jeffries has given Starbucks a sell-equivalent rating.

Fortune

Famous tinned food company announces plans to remove key word from name

It’s the latest company to change names to remove the original product

The Independent UK

New Starbucks CEO lays into overwhelming menus, inconsistent product, and long, hectic waits

On just his second day on the job, the former Chipotle CEO signaled he will initially devote the bulk of his attention to problems in the U.S. operations.

Fortune

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New Starbucks CEO Brian Niccol To Focus On US Market Revival Ahead Of Global Overhaul

New Starbucks CEO Brian Niccol revealed he will initially focus on company's business in the U.S. before turning to the international market.

International Business Times

Starbucks CEO Focuses On Improving Service And Store Experience

Starbucks' new CEO Brian Niccol plans to revitalize stores, improve service, and adapt to changing consumer preferences.

Top News

Starbucks’ new CEO reveals how he plans to turnaround business

Starbucks’ sales have fallen this year due to weaker US store traffic

The Independent UK

Minimum wage increases are important, but workers deserve more

This fall, several provinces across Canada are scheduled to increase their minimum wages. These provincial adjustments follow the federal government’s decision to raise the federal minimum wage to $17.30 back in April.

The Conversation

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Starbucks’ new CEO on the worst advice he ever got: Demonstrate that you can fire somebody

The main qualm Brian Niccol had with his former manager’s recommendation is that it prioritized disciplining employees rather than coaching them.

Fortune

Drive-Thrus Are Booming. Why Are Cities Banning Them?

Despite increasing demand, cities across the U.S. are pushing bans on new drive-thru restaurants in the name of reducing traffic and promoting walkability.

Reason

‘Why are people out here acting like September is fall?!’: Pumpkin spice season is already here

Starbucks has launched its fall menu already, and TikTok feeds are being flooded with #fallinspo. While some critics believe we’re wishing away summer, Meredith Clark speaks to experts about why fall seems to be arriving earlier than ever

The Independent UK

Is Starbucks Stock Outperforming the Dow?

Starbucks underperformed relative to the broader Dow Jones, but Wall Street analysts remain moderately optimistic about the stock’s prospects.

Barchart

Halloween before Labor Day? Businesses should just go for it

Holidays are man-made creations and so are businesses. It’s all just sales and marketing

The Guardian - US

Slave Play: how policing audience phones during nude scene affects the meaning of the production

This article contains spoilers for Slave Play.

The Conversation

Wingstop bucks fast-food slump with 5-year share price up 300%—and NFL season on the way

The company known for its chicken wings has been in business for 30 years.

Fortune

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The Independent UK

Chipotle may have violated workers' unionization rights, US labor board says

The National Labor Relations Board says Chipotle may have violated federal labor law in its treatment of employees at its only unionized store

Salon

Starbucks CEO gets private jet for work

Brian Niccol will start his new role as company Chairman and CEO on Sept. 9

The Guardian - UK

So Starbucks’ CEO commutes to work by private jet? Let’s not pretend the super-rich care about the planet

It’s paper straws and compostable cups for the masses, space travel and $600m weddings for their overlords. No wonder everyone who can afford it wants a doomsday bunker, writes Arwa Mahdawi

Kiplinger

Starbucks: Pumpkin Spice and Other Fall Favorites Are Back

Get your Starbucks Pumpkin Spice Latte or new Iced Apple Crisp Nondairy Chai as the coffee retailer brings back the popular fall menu to Starbucks stores in the U.S.

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International Business Times

Developer Tries Again To Build Starbucks Store After Second 'Charbucks' Arson Attack In New Mexico

The planned drive-thru would be the company's first stand-alone store in Taos, an artsy town of 6,500 with a history of opposition to some national chains.

The Guardian - US

‘Sip, return, repeat’: US city tackles throwaway cup culture with first-of-its-kind system

From Starbucks to local cafes, Petaluma’s reusable cup project aims to cut down on rampant plastic waste

Top News

Starbucks CEO To Commute Weekly Via Corporate Jet

Starbucks' new CEO's use of a corporate jet raises environmental concerns and sparks debate.

The Conversation

Not even the boss of Starbucks needs to be doing a 1,000-mile commute if they can do the job from home

New Starbucks boss Brian Niccol caused many to spit out their coffee with the news he will commute around 1,000 miles from his home in California to the company’s HQ in Seattle. It’s true that he’ll have the luxury of the company jet for his trips to the office, which…

Fortune

Starbucks CEO Brian Niccol was a 'messiah' until we found out about his private jet

“The longer this new CEO goes without making a huge impact that's noticeable internally as well as externally, the worse this decision will look."

Fortune

Top CHROs say people leaders need to take control of AI instead of going on 'autopilot'

Starbucks and EY executives agree leaders should be proactive in combating bias and knowledge gap.

Evening Standard

Starbucks kicks off autumn season early as it brings back pumpkin spice latte

After plenty of speculation, the drink is back to kick off the autumn season

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