All Starbucks articles
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News‘Continued strength’ in UK helps drive international sales growth at Starbucks
The coffee giant beat Wall Street expectations in its fiscal third quarter and has raised its full-year earnings outlook amid a continued return to sales growth
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Analysis & InsightCoffee prices look set for further increase
High energy costs combined with the volatile weather in coffee growing regions due to the ‘super El Niño’ are pushing up the price of a cup of coffee, with Lavazza now charging up to £6.50 for a flat white
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NewsEG On The Move completes acquisition of 85 UK forecourt sites
The addition of Prax’s petrol forecourt network provides further opportunities for the Zuber Issa-led group to expand its branded foodservice offering.
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Analysis & InsightThe breakfast blindspot: Why Britain keeps overlooking the most valuable daypart in American hospitality
The US breakfast restaurant sector generates more than $15bn and is growing by 8% a year. Yet it remains one of the most overlooked opportunities in the American restaurant industry by British operators, Robert Ancill writes
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NewsStarbucks considering options for Japanese business
The US coffee giant has held preliminary talks with investment banks to help determine an approach for Japan, which includes a stake sale that could be valued at around $2.5bn
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NewsHow a Starbucks marketing stunt spiralled into mass boycotts in South Korea
A botched tumbler promotion on the anniversary of a pro-democracy massacre unleashed a boycott, police investigation and political firestorm, THe Guardian reports
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Weekend PressMatcha price doubles on Gen Z’s thirst for drink, says coffee boss
Gabriel Shohet, co-founder of Black Sheep Coffee, tells The Times demand for matcha drinks among Gen Z has caused the price of the Japanese tea to almost double
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Analysis & InsightHow hospitality is integrating AI assistants into the workplace
Virtual assistants to support staff and enhance the customer experience are becoming more prevalent across the sector, but, as delegates at MCA’s Hostech Conference were told, adoption remains a challenge
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NewsStarbucks to take $400m charge as it cuts more corporate staff
Sales have rebounded for the coffee chain but renovations and barista hires under the turnaround plan have come at a cost, the Financial Times repots
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NewsCosta Coffee to replace Starbucks at Cineworld
The coffee chain has announced a new partnership with Cineworld, which will see the coffee chain open in up to 26 cinema locations as part of a 10-year agreement.
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Analysis & InsightHas Starbucks got its froth back?
Having popularised espresso-based coffee around the world, Starbucks has lost ground to an influx of innovative challenger brands and youth-focussed independents. After launching a well-publicised turnaround plan, MCA explores how its Back to Starbucks strategy is faring
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NewsSSP launches Northern Ireland-inspired casual dining brand
Flax & Soda, which has opened as part of Belfast International Airport’s £100m investment program, is positioned to showcase regional ingredients as well as local beers and spirits
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NewsStarbucks: ‘We believe this quarter reflects the turn in our turnaround’
The US coffee giant has delivered growth on both the top and bottom line for the first time in more than two years in its Q2 results
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Analysis & InsightHow Blank Street Coffee won over trendy Gen Zs
With its cool clientele and Instagrammable product range, Blank Street is looking to double its current valuation of $500m as it seeks a new round of investment. MCA explores how the brand has gone from plucky upstart to rapid scal-up in just six years
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Weekend PressStarbucks to open 500 UK shops despite ‘tougher’ coffee market
The coffee chain has revealed expansion plans for the next five years and says it has confidence in the market’s long-term growth
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Analysis & InsightCoffee buyers nervously watch prices rise as war drags on
Concerns about the war in the Middle East are edging coffee prices upwards, putting added pressure on coffee shop operators with modest average spend and slim margins
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Analysis & InsightHave we reached peak coffee shops?
The UK coffee shop sector has enjoyed remarkable growth over the past decade, yet major branded chains like Costa Coffee and Starbucks which once defined the market are now reporting losses, closures and declining profitability
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Weekend PressCaffè Nero says growth is ‘steady’ but coffee prices are likely to rise
Founder of the family-owned firm, Gerry Ford, says it will pause acquisitions after takeover of 15 Compass Coffee stores in US, The Guardian reports
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NewsStarbucks UK introduces new licensee model to support long-term growth
The new model marks an “important reset” to set up the company for the next decade of growth, Starbucks said, with investment both in new stores and existing locations
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Analysis & InsightExpresso: How the self-service coffee category is evolving
Costa Express has long held a monopoly in the self-service coffee machine space, but now the likes of Illy and disrupters such as Unity Coffee are challenging the status quo