Starbucks

Business News

The Third-Largest Coffee Chain in America Barely Sells Coffee. Here’s Why That’s Smart.

Dutch Bros grinds out $1.6 billion in business selling customizable energy drinks and cold beverages to Gen Z customers who avoid hot coffee.

By Jonathan Small

Business News

Why Starbucks and Other Businesses Are Giving ‘Peanut Butter Raises’ Instead of Merit-Based Salary Increases

By Sherin Shibu

Business News

Starbucks’ Turnaround Is ‘Ahead of Schedule’ as Sales Beat Expectations

By Jonathan Small

Business News

Protein Is the New Secret Weapon Fast-Food Chains Are Using to Win You Over

By Jonathan Small

Business News

Why Starbucks Closed 400 City Stores and Moved to the Suburbs

The coffee giant shuttered locations concentrated in major cities, as part of CEO Brian Niccol's $1 billion restructuring plan.

By Jonathan Small

Business News

1 in 5 Americans Will Receive This Popular Gift During the Holidays

This simple stocking stuffer is surprisingly popular, driving billions of dollars in revenue.

By Sherin Shibu

Entrepreneurs

Trader Joe’s, Starbucks and More ‘Take Advantage’ of the Pumpkin Spice Craze — Here’s How Much It Costs You

The spice blend born in 1934 comes for American wallets every fall.

By Amanda Breen

Business News

Starbucks Is Closing Down 187 Stores As Part of Its $1 Billion Restructuring Plan. Is Your Local Coffee House on the List?

The move will result in the elimination of 900 jobs across the company.

By Sherin Shibu

Business News

Starbucks Just Experienced a ‘Record-Breaking Sales Week’ Thanks to One Line of Products

Pumpkin spice lattes are driving sky-high sales for Starbucks, just one week after the coffee chain reintroduced the popular beverage.

By Sherin Shibu

Business News

Starbucks Is Betting on Protein Cold Foam and a ‘Sugar Reduction’ to Turn Around Lagging Sales. Here’s a Look at the Sweeping Changes.

Starbucks' CEO Brian Niccol plans to revive sales through a spate of company-wide changes.

By Sherin Shibu

Business News

Starbucks Built a New ‘Luxury’ Office Near Its CEO’s Newport Beach, California Home

The 4,624-square-foot office was disclosed as part of Starbucks CEO Brian Niccol's compensation package before he started the role last fall.

By Sherin Shibu

Business News

These 2 Companies Have the Widest Pay Gap Between the CEO and the Typical Worker

The CEOs of Starbucks and Abercrombie & Fitch earn more than 6,000 times the median annual salary of a worker.

By Sherin Shibu

Business News

Starbucks Tells Employees to Return to the Office or Take a Buyout: ‘Not Everyone Will Agree with This Approach’

Starbucks CEO Brian Niccol is pushing for more in-person work, stating that it strengthens company culture.

By Sherin Shibu

Business News

Starbucks Is Looking to Remove Seed Oils From Some of Its Food Products

The coffee giant is also launching a new egg bite made with avocado oil.

By Erin Davis

Business News

Starbucks Is Offering Executives $6 Million Performance-Based Stock Grants

Starbucks CEO Brian Niccol is offering leadership stock grants if they can "meaningfully" reduce operating expenses.

By Erin Davis

Business News

Starbucks Is Changing Its Pricing. Here’s What to Know.

Starbucks is switching to a flat fee for syrup charges.

By Erin Davis

Business News

Starbucks Is Hiring a ‘Global Content Creator’ to Travel, Drink Coffee, and Get Paid Six Figures

It's the last week to apply for a coffee and travel "dream job."

By Erin Davis

Business News

Starbucks busca influencer del café: pagará por viajar y contar historias

El gigante del café busca un creador que documente su esencia en todo el mundo y conecte con nuevas audiencias digitales.

By Entrepreneur en Español

Business News

Starbucks Is Hiring a Pilot to Captain Its Company Aircraft. Here’s How Much the Job Pays.

The average airline pilot earns around $250,000 a year, according to Bureau of Labor Statistics data.

By Erin Davis

Business News

Some Starbucks Employees Aren’t Happy With the New Dress Code

Some Starbucks employees are walking out over the changes.

By Erin Davis

Business News

Starbucks Is Hiring In-Store Human Workers After Replacing People With Machines — and Finding It Didn’t Work

Starbucks CEO Brian Niccol is adding more staff to 3,000 Starbucks locations globally.

By Sherin Shibu

Business News

Here’s How Much 8 CEOs Made in 2024, From JPMorgan’s Jamie Dimon to Disney’s Bob Iger

CEO pay is on the rise, with some making tens of millions more in 2024 than they did in 2023.

By Sherin Shibu

Business News

Starbucks Is Opening a New Location Next Week — And It Was Constructed with a 3D Printer

The 1,400-square-foot 3D-printed location will only handle drive-thru and mobile orders.

By Sherin Shibu

Business News

‘We’re Not Effective’: Starbucks CEO Tells Corporate Employees to ‘Own Whether or Not This Place Grows’

After layoffs, Starbucks CEO Brian Niccol said in an internal meeting that the company's operations had to change.

By Sherin Shibu

Business News

Starbucks Is Cutting 13 Drinks From Its Menu Next Week. Here’s What to Order While You Still Can.

It's not great news for Frappuccino lovers.

By Erin Davis

Business News

‘Necessary Change’: Starbucks Is Laying Off 1,100 Corporate Workers and Eliminating Open Roles — Read the Memo

The workers who are being laid off will be told by midday on Tuesday, Feb. 25.

By Erin Davis

Business News

Starbucks Is Bringing Back a Huge Conference for Its Store Managers as New CEO Brian Niccol Stamps His Mark

Niccol said he envisions Starbucks becoming a place where people want to hang out again.

By Nora Redmond

Business News

It’s Pay-to-Stay at Starbucks As the Coffeehouse Reverses Its Open Door Policy

If you want to use the restroom, work remotely, or sit to chat with friends, you'll need to be a paying customer.

By Erin Davis

Business News

Starbucks Forced to Go Back in Time to Pay Its Employees After ‘Ransomware Incident’

A ransomware attack on third-party management software company Blue Yonder has caused Starbucks managers to rely on paper and pen to track employees' hours.

By David James

Business News

‘Additional Human Touch’: Starbucks Has a Turnaround Plan That Includes Buying 200,000 Sharpies. Here’s Why.

Faced with declining sales, Starbucks has a comeback plan that involves several changes to stores and menus. Here's a look at the changes coming to your store.

By Sherin Shibu