Starbucks Corp posted its first quarterly rise in U.S. same-store sales in two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
IBT Staff Reporter
Jan 20, 2010
Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
IBT Staff Reporter
Jan 20, 2010
Buffett's Crisis Declaration; Disney Beats Street; Starbucks' Competition
IBT Staff Reporter
Nov 12, 2009
Starbucks Corp Chief Executive Howard Schultz said McDonald's Corp's McCafe launch earlier this year made the cafe chain better.
IBT Staff Reporter
Nov 12, 2009
Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.
IBT Staff Reporter
Nov 05, 2009
Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.
IBT Staff Reporter
Nov 05, 2009
Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
IBT Staff Reporter
Nov 05, 2009
Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
IBT Staff Reporter
Nov 05, 2009
Chief Executive Howard Schultz called Starbucks Corp's Via Ready Brew perhaps the biggest opportunity in company history as he prepared for the instant coffee product's North American roll-out on Tuesday.
IBT Staff Reporter
Sep 28, 2009
Environmental activists are taking to the Internet in a new bid to help save the world's rainforests with the help of major corporations including Starbucks Corp and Dell Inc.
IBT Staff Reporter
Sep 21, 2009
Environmental activists are taking to the Internet in a new bid to help save the world's rainforests with the help of major corporations including Starbucks Corp and Dell Inc.
IBT Staff Reporter
Sep 20, 2009
Starbucks Corp Chief Executive Howard Schultz obtained a roughly $14 million paper profit by exercising nearly 1 million stock options on Monday.
IBT Staff Reporter
Sep 15, 2009
When the dust from the great coffee war that wasn't settles, McDonald's and Starbucks will find that each plays on a slightly shifted field, but neither side has captured the spoils -- the other's customers.
IBT Staff Reporter
Jul 29, 2009
Starbucks Corp will make discretionary matching contributions to 401 retirement plans for its 2009 plan year but employees will face higher health-care costs, Chief Executive Howard Schultz said in a memo to employees on Monday.
IBT Staff Reporter
Jul 27, 2009
Starbucks Corp ground out an expectations-topping profit on Tuesday as the coffee chain began reaping rewards from slashing costs and closing stores, and its shares gained 9.9 percent.
IBT Staff Reporter
Jul 21, 2009
Comparable store sales, also known as same-store sales, at Starbucks Corp. fell 5 percent in the company's third fiscal quarter, the coffee retailer said today.
IBT Staff Reporter
Jul 21, 2009
Starbucks Corp posted quarterly profit that just topped expectations on cost cuts and is planning a multimillion dollar advertising campaign challenging the view that its coffee is an expensive luxury.
IBT Staff Reporter
Apr 29, 2009
The housing bust has Starbucks Corp singing the blues about California's formerly fast-growing Inland Empire east of Los Angeles.
IBT Staff Reporter
Mar 25, 2009
Starbucks Corp is on track to hit its target of $500 million in cost savings this fiscal year as the world's biggest coffee chain closes stores and sheds staff, its chief executive said at the company's annual shareholder meeting.
IBT Staff Reporter
Mar 18, 2009
an opportunity to reinvent a category, create new rituals and grow our customer base.
Schultz said Via's target customer in the United States is the brewed coffee drinker.
Overseas, the company aims to win over new instant coffee users and to steal market share from established brands such Nestle SA's Nescafe and Kraft Foods Inc's Sanka.
The company already f...
IBT Staff Reporter
Feb 17, 2009
Starbucks Corp, the world's largest chain of coffee shops ,said Wednesday it will close 300 stores and reduce as many as 6,700 jobs.
IBT Staff Reporter
Jan 29, 2009
Top executives at Starbucks did not receive bonuses in 2008 and won't get any increases on their base salary in 2009 due to due to disappointing results for the company which has suffered in the wake of less consumer spending.
IBT Staff Reporter
Jan 23, 2009