All Starbucks articles – Page 2
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NewsStarbucks Q2 results ‘far from potential’
The coffee giant saw global comparable sales continue to decline, albeit CEO Brian Niccol reiterated the ‘Back to Starbucks’ plan is the right strategy to turn the business around
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NewsStarbucks UK posts £35m loss
The coffee company blamed a consumer boycott campaign, cost of living pressures and increased competition in the UK for a slump in sales
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Weekend PressStarbucks slows India expansion as consumers tighten belts
Footfall drops as economy weakens but chain still hopes to reach 1,000-store goal, the FT reports
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NewsStarbucks to enforce new ‘code of conduct’
Part of the coffee giant’s ‘Back to Starbucks’ turnaround strategy, the code prioritises paying customers and may see guests asked to leave if they do not make a purchase
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NewsStarbucks to reduce management headcount in global cost-cutting
Starbucks has announced significant organisational changes as part of its ’Back to Starbucks’ strategy, aiming to streamline operations and enhance customer experience globally
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NewsStarbucks: ‘We’re going to do fewer things better’
Starbucks is pushing forward with its mobile order business as it focuses on wait time optimisation and menu simplification - with the aim of getting customers their coffee in under 30 seconds
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OpinionCan going retro reverse Starbucks’ slump?
Dominic Walsh examines the coffee company’s bid to reconnect with its community ethos, while he reflects on a career reporting on the sector following his retirement from The Times
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NewsStarbucks brings back ‘retro’ touches
Handwritten names on cups and self-service sugar and condiments will return, while charges for alternative milks will be dropped, as the company seeks to reverse its fortunes
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Analysis & InsightFestive menus offer comfort and indulgence
Customers will see the return of familiar festive flavours, such as gingerbread, brie, and cranberry, while fresh options like profiterole cheesecake and black forest frappe lead on innovation. MCA rounds up the first wave of Christmas menus from Starbucks, Costa, Caffe Nero and Orée
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NewsStarbucks global sales down 7%
The coffee chain has suspended its financial guidance for 2025, with new CEO Brian Niccol saying it’s “clear we need to fundamentally change our recent strategy”
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NewsStarbucks acquires franchise group 23.5 Degrees
The undisclosed deal expands Starbucks’ portfolio of company-operated stores by 113, bringing its UK total to 500. In its 2023 accounts, the franchise business reported increased turnover of £83.5m
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Weekend PressIf you want to make fat profits… Take a bite out of these fast-food giants
Change is on the menu for McDonald’s, Starbucks and the other players in the fast food market, This is Money reports
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NewsStarbucks CEO: ‘We weren’t always delivering’
In an open letter as he takes charge of the coffee giant, Brian Niccol says there are opportunities to improve overwhelming menus, inconsistent product, and long waiting times
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Analysis & InsightAutumn menus feature pumpkin spice and all things nice
Classic autumnal flavours, such as maple, cinnamon and pumpkin, make a return to menus, as MCA rounds-up the latest menu launches, featuring Pret, Greggs, Costa Coffee and more
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Weekend PressStarbucks’ $113mn man has a China problem
There is a case for the US coffee group to cut back capital spending and slow expansion plans in the country, the Financial Times reports
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NewsStarbucks replaces CEO
Laxman Narasimhan is being replaced by Chipotle CEO Brian Niccol, after the coffee chain’s sales failed to meet expectations, and activist investor Elliot acquired a stake in the company
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Analysis & InsightHow a jet, board rights and $26mn of olive oil tie Howard Schultz to Starbucks
Governance questions have become more pressing as the coffee chain’s challenges have proliferated
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NewsSSP opens new Starbucks format at Heathrow
The coffee shop, located at Terminal 5, features a new store design which aims to create an ”innovative dining experience”
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NewsPrice hikes and boycotts: Is trouble brewing at Starbucks?
The coffee chain is hitting new resistance from inflation-weary customers just as fights over unionisation and protests related to the Middle East war tarnish the brand
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NewsStarbucks sees sales dip
The coffee giant, which revealed plans earlier this year to open a further 100 stores in the UK, has reported a 4% decline in global comparable sales in Q2