Business News
Starbucks Is Reducing Its Reliance on Big Tech. Here’s What Businesses Can Learn From the Move.
The coffee chain is experimenting with creating its own software.
By Sherin Shibu
Starbucks
Business News
Starbucks Is Building a $100 Million Nashville Office. But Seattle Employees Don’t Want to Move There.
The coffee chain is pushing 2,000 jobs to Tennessee, but its first relocation effort is meeting resistance from Pacific Northwesterners.
Business News
Coffee Consumption Just Hit a 14-Year High — So Why Are Coffee Shops Struggling?
Americans are drinking more coffee than ever, but 85% are brewing at home instead of visiting coffee cafes.
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.
Business News
Why Starbucks and Other Businesses Are Giving ‘Peanut Butter Raises’ Instead of Merit-Based Salary Increases
Many companies are taking a "spread the wealth" approach to raises.
By Sherin Shibu
Business News
Starbucks’ Turnaround Is ‘Ahead of Schedule’ as Sales Beat Expectations
The coffee chain got a sales boost thanks to faster service times and a $30 bear cup.
Business News
Protein Is the New Secret Weapon Fast-Food Chains Are Using to Win You Over
From Dunkin' to Blaze Pizza, protein power is suddenly a core selling point.
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.
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.
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