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.
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.
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.
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.
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.
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.
Starbucks Corp Chief Executive Howard Schultz obtained a roughly $14 million paper profit by exercising nearly 1 million stock options on Monday.
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.
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.
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.
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.
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.
The housing bust has Starbucks Corp singing the blues about California's formerly fast-growing Inland Empire east of Los Angeles.
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.
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...
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.
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.
US coffee chain Starbucks has announced its intentions to open 150 new outlets in Britain, France and Germany in the next three years in a deal with SSP. SSP is a UK group which runs Burger King and Pizza Hut stores.
Starbucks Corp., believing the gloomy market in the U.S. will hamper its sales, reduced its earnings forecast for the second quarter and full year on Wednesday.
In an bid to furbish its slowing U.S. business, Starbucks launched its new everyday brew of coffee called Pike Place Roast on Tuesday, and will hand out free samples for the first 30 minutes they serve the blend.
Starbucks Corp. is cutting 600 posts, with its headquarters in Seattle taking the bulk of the reduction, in an effort to revive the struggling coffee chain.
Is the Starbucks formula the ticket for restaurant chains to take their brands national? More than one startup in the food industry is modeling itself after the successful coffee group.