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Starbucks is implementing a new dress code for workers at its North American stores. It is the latest move under CEO Brian Niccol, who is trying to turn around the business.
Starbucks announced Monday it will lay off over 1,000 corporate workers and cut complex and unpopular drinks from its menu in an effort to turn around lagging sales and revamp the coffee chain.
In its fiscal second quarter, which ended March 30, Starbucks reported $748.3 million in operating income in its North American business segment — a 35% drop from $1.1 billion in the same period ...
Starbucks workers are protesting a new dress code, urging the company to focus on union contracts. CEO Brian Niccol's goal is to refresh store image and improve business strategy.
Starbucks shares have plummeted more than 17% in value since the company revealed a sales slump in an earnings report last week. “The brand is incredibly resilient, but it’s clearly not ...
Despite price pressures from tariffs and an extended sales slump, Starbucks CEO Brian Niccol said he is optimistic the company is on the comeback trail.“I’m genuinely excited about the ...
More than 1,000 Starbucks baristas at 75 US stores have gone on strike since Sunday to protest a new company dress code, a union representing the coffee giant’s workers said Wednesday.
Starbucks Corporation (NASDAQ:SBUX) has received a lot of interest in the sale of a stake in its China business, according to CEO Brian Niccol. "People see the value of the Starbucks brand.
Starbucks on Monday revealed a new dress code for java-slinging baristas as CEO Brian Niccol bets on creating a comfortable, welcoming environment to boost the sagging company’s sales.. Starting ...
Starbucks is planning to use zero-based budgeting starting during its next fiscal year.; The coffee chain is trying to cut expenses to pay for its turnaround efforts. Other companies have used ...
Starbucks is changing one of its most generous parts of its loyalty program, marking the latest effort by CEO Brian Niccol to boost profits.
The Starbucks menu had gotten out of hand. It made a good decision to whack 13 drinks. And I say this as someone who's made Frappuccinos as a barista.
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