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Starbucks to release Q2 fiscal year 2020 results on Tuesday, April 28

SEATTLE, U.S. – Starbucks Corporation (Nasdaq: SBUX) plans to release its second quarter fiscal year 2020 financial results after the market close on Tuesday,...

Almost two-thirds of Starbucks’ sales in South Korea are made by cold beverages

SEOUL, South Korea —The name of Starbucks may seem synonymous with hot beverages, but in South Korea most of the sales are made by...

Starbucks expects 2Q earnings to be cut almost by half due to Covid-19 outbreak

MILAN – Starbucks said Wednesday it expects that it expects its fiscal second-quarter earnings to be cut nearly in half from a year ago...

Starbucks store employees in the US required to wear face masks at work

Milan – Following guidance and directives from the Centers for Disease Control and Prevention (CDC) asking Americans to take more precautions to protect themselves...

Starbucks launches first-of-its-kind Global Partner Emergency Relief Program

SEATTLE, U.S. – Starbucks announced on Wednesday a commitment of $10 million to establish the Starbucks Global Partner Emergency Relief Program, part of its...

Starbucks hosts virtual Annual Meeting of Shareholders, boosts delivery capabilities

SEATTLE, U.S. – Starbucks Corporation held its 28th Annual Meeting of Shareholders yesterday, virtually, with opening remarks from Kevin Johnson, president and chief executive...

Starbucks believes in China and announces state-of-the-art facilty in Kunshan

MILAN – In a sign of hope for the future, Starbucks Coffee Company has announced an investment of approximately $130 million in China to...

Coronavirus: Starbucks moves to a “to go” model across the US and Canada

MILAN – Starbucks is moving to a “to go” model in North America to reduce social contact for fear of the coronavirus outbreak. “We...

Class action lawsuit filed in California accuses Starbucks of bait-and-switch scheme

MILAN – Last month, a Californian woman filed a class action lawsuit against Starbucks for allegedly tricking customers on the caffeine content of its...

Starbucks begins in-store testing of NextGen sustainable cup

MILAN – Starbucks has begun its first market tests of a recyclable and compostable hot cup solution. The trial is part of the NextGen...

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