Oct 25, 2021 09:29 PM IST
India is one of Starbucks' fastest growing markets globally. The market for coffee shops in the country has surged even as tea remains a more affordable and popular beverage.
- Sep 27, 2021 08:33 PM IST
The Brazil frosts followed COVID-related supply chain snarls, a dearth of shipping containers, labor shortages and other production hiccups. Add in rising costs for virtually everything and you have a bitter cup brewing for coffee drinkers.
- Jul 27, 2021 09:23 AM IST
E-Mart, which currently owns 50% of Starbucks Coffee Korea, will acquire an additional 17.5% interest, while GIC will own 32.5%, Starbucks said.
- Feb 10, 2021 03:23 PM IST
Dash joins Tata Starbucks from Tata Consumer Products where he is currently President Packaged Beverages Business, India, Bangladesh, and Middle East, the company said.
- Jan 14, 2021 01:34 PM IST
China will "provide a broader space for companies from all over the world, including Starbucks and other American companies, to develop in China", Xi Jinping wrote in his letter.
- Nov 05, 2020 01:02 PM IST
The National Anti-Profiteering Authority has directed Starbucks to deposit the amount with 18 percent interest within three months to central and state consumer welfare funds.
- Aug 25, 2020 05:58 PM IST
According to the report, the Starbucks infections later resulted in nearly three dozen more cases outside the coffee shop as of August 24
- Jul 21, 2020 11:15 AM IST
Starbucks' mobile pre-order and in-store pick up feature, "Starbucks Now", previously only available on the coffee giant's own app, will be extended to four Alibaba platforms, including local services app Koubei and digital payment app Alipay.
- Jun 29, 2020 08:05 AM IST
Starbucks said Sunday that its actions were not part of the “#StopHateforProfit” campaign, but that it is pausing its social ads while talking with civil rights organizations and its media partners about how to stop hate speech online.
- Jun 10, 2020 07:53 PM IST
The world's largest coffee chain said it would permanently close about 400 stores in America over the next 18 months and would cut the number of planned new store openings by half, to about 300 this fiscal year.
- May 01, 2020 03:06 PM IST
As an independent member of the board, Troy will play a supervisory role and provide guidance to the founder and the management on key business decisions, the company said in a statement.
- Apr 07, 2020 09:50 AM IST
The coffee chain wants to reduce fixed operating expenses till consumption in the sector improves
- Mar 18, 2020 07:56 AM IST
The world's largest burger chain said on Monday it would also shut self-service beverage bars and kiosks, as well as its kids area, or PlayPlaces, at the company-owned restaurants.
- Jan 29, 2020 08:18 AM IST
The world's largest coffee chain delayed a planned update - based on strong quarterly earnings results - to its 2020 financial forecast because of the outbreak, which has caused over 100 deaths and over 4,000 confirmed cases in China.
- Sep 30, 2019 11:59 AM IST
Multiple branches were covered with graffiti over the weekend as the city convulsed with some of the most intense clashes between hardcore protesters and riot police in weeks.
- Aug 07, 2019 04:50 PM IST
The company had reported a 30 percent top-line growth in fiscal 2018-19, driven by new stores openings and improved performance.
- Jul 11, 2019 03:22 PM IST
Tata Starbucks operates in eight cities in India, according to the latest annual report of Tata Global Beverage Ltd (TGBL).
- May 17, 2019 12:26 PM IST
Luckin plans to open 2,500 stores this year and unseat Starbucks as China's largest coffee chain.
- May 08, 2019 02:54 PM IST
It will be difficult to quantify the actual gains anyway.
- Feb 13, 2019 09:21 PM IST
Nestle will start selling Starbucks labelled coffee beans, roast and ground coffee and single-serve capsules for its Nespresso and Nescafe Dolce Gusto coffee makers.
- Feb 05, 2019 11:01 AM IST
Brewer's appointment comes after Amazon last year said it was adopting a new policy to promote diversity on its board.
- Dec 15, 2018 08:37 AM IST
Starbucks expects its global same-store sales growth to be between 3 percent and 4 percent annually in the long term.
- Sep 12, 2018 09:11 AM IST
The proverbial invisible hand of the market, acting through competitive pressures, will yield far more effective results than heavy-handed price regulation in the payments services market
- Sep 06, 2018 11:08 AM IST
The venue features a green industrial-scale roaster, marble counters, brass engravings and a price that could make many Italians reluctant to make it their regular cafe.
- Aug 28, 2018 04:10 PM IST
Swiss food giant Nestle, which also produces Nescafe instant coffee, had announced in May it would pay $7.15 billion (6.13 billion euros) for the rights to market Starbucks coffee globally.