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That change is expected to being within the new fiscal year which kicks off on October 1. As for those in a remote work setting, that will also be coming to an end. In February the company asked all ...
The C.E.O., Brian Niccol, said the coffee chain’s turnaround is in progress, and sales in China increased for first time in ...
CEO Brian Niccol said price changes are his last resort for improving Starbucks' slumping sales — but they're "absolutely" on ...
Starbucks Corp. reported mixed third-quarter results on Tuesday, although the coffee chain said its turnaround plans were ...
Additionally, company-wide sales were up 4% in the fiscal third quarter to $9.46B, $150M better than Wall Street expected.
Starbucks reported that same-store sales fell for a sixth straight quarter as CEO Brian Niccol tries to implement a ...
Starbucks reported declining US sales for a sixth straight quarter and is introducing protein drinks, faster service, and ...
Chinese coffee giant Luckin has entered the U.S. market, posing a new challenge to Starbucks.
Starbucks faces significant challenges from domestic rivals like Luckin Coffee, which attracts customers with cashier-less stores and drinks priced as low as 8.8 to 9.9 yuan ($1.23 to $1.38).
The changes come after Starbucks took a hit when its baristas went on strike before Christmas, global sales dropped and waiting times in stores grew longer.