Malaysia Starbucks franchise holder triples loss on boycotts
BERJAYA Food’s hundreds of Starbucks’ subsidiary outlets across Malaysia contributed to the company’s fifth straight quarterly loss after boycotts of US fast food brands over America’s…
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Starbucks takes a step toward sustainability with new compostable cups
Starbucks is shaking things up with a new approach to its cold drink cups. Instead of the usual clear plastic, many locations are now serving iced drinks in cold compostable cups—a big…
Missouri sues Starbucks over its diversity programs
The fight over businesses’ diversity, equity, and inclusion (DEI) programs is heading to the courtroom. This week, a lawsuit was filed against coffee giant Starbucks over DEI practices,…
Why Starbucks is going back to basics
Amid higher costs, longer wait times, and waning sales, Starbucks is ready for a brand refresh. The company’s new CEO, Brian Niccol joins Rapid Response to reveal how Starbucks plans to go…
Starbucks CEO made US$96 million in first four months on the job
Starbucks paid new chief executive officer Brian Niccol about US$96 million for four months of work last year, one of the biggest compensation packages in corporate America. About 94 per…
Parental leave is looking up for Americans
Parental leave in the U.S. could be reaching a turning point as major employers revise their provisions for expecting families. Why It Matters Paid parental leave benefits serve to support…
Starbucks workers expand strike in US cities, including New York
STARBUCKS workers have expanded their strike to four more US cities, including New York, the union representing over 10,000 baristas said late on Saturday (Dec 21). The five-day strike,…
Starbucks Red Cup giveaway gives coffee chain much needed jolt
STARBUCKS’s holiday-themed cups drove a bigger spike in customer visits than in previous years, a welcome boost for a brand that’s looking to stage a turnaround. The Red Cup Day giveaway…
Starbucks using pen and paper to track pay after vendor hack
STARBUCKS said a ransomware attack at a third-party software supplier has disrupted its system for tracking employee schedules, forcing the coffee giant to manually tally workers’ hours…
Starbucks is said to consider selling stake in Chinese business
STARBUCKS is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to sources with knowledge of the matter. The coffee chain…
New Starbucks CEO is testing investors’ US$21 billion bet
Starbucks’ new chief executive Brian Niccol is facing a key test: convincing investors he’s worth the US$21 billion in market value the coffee chain notched after his appointment. On…
Starbucks new CEO taps fellow Chipotle alum for top marketing role
STARBUCKS on Friday (Oct 18) announced it hired food marketing veteran Tressie Lieberman to take its top marketing job, the latest in a spate of executive reshuffling by new CEO Brian…
Starbucks buys research farms as climate change threatens coffee supply
STARBUCKS is buying two new research farms that will test everything from drones to microbes as it seeks to make coffee more resilient to climate change, which has already constricted…
Starbucks new CEO wastes no time in overhauling executive ranks
STARBUCKS’ new chief executive officer Brian Niccol is wasting no time rearranging the company’s top ranks, undoing some leadership changes his predecessor had implemented only six months…