Starbucks is closing about 1% of its North American stores, including several in Chicago, as part of a restructuring plan, affecting 900 corporate employees. Discover which locations are impacted and the reasons behind the closures.
Starbucks announces a significant shift with plans to close 1% of its North American stores and lay off 900 employees as part of a $1 billion restructuring. This move reflects changing consumer habits and increasing competition in the coffee market.
In a bold move to revive its struggling sales, Starbucks plans to close several underperforming locations across North America, impacting around 900 workers while the CEO's pay raises eyebrows.
Starbucks announces plans to cut 900 corporate jobs and close around 200 stores in the U.S. and Canada as part of a turnaround strategy. CEO Brian Niccol aims to revitalize the brand amid declining sales.
Starbucks workers in multiple states have filed class-action lawsuits against the coffee giant, claiming legal violations after the company changed its dress code and refused to reimburse them for new clothing expenses.
Starbucks is on a mission to revitalize its U.S. cafes with inclusive designs, adding cozy seating and softer lighting to create welcoming spaces. Over 1,000 locations will be transformed by 2026!
In a groundbreaking move, Keurig Dr. Pepper plans to acquire JDE Peet’s in an $18 billion deal, paving the way for the formation of Global Coffee Co., a new powerhouse in the coffee industry. This merger is set to revolutionize the beverage landscape by combining iconic brands and expansive market reach.
Starbucks kicks off the fall season with its 2025 menu featuring the much-loved Pumpkin Spice Latte and exciting new drinks like the Pecan Oatmilk Cortado. Find out when you can enjoy these seasonal flavors!
In a surprising turn, Keurig Dr Pepper is splitting into two distinct companies following its $18 billion acquisition of Peet's Coffee. This strategic move aims to enhance growth and focus on diverse beverage markets.
Starbucks reports its sixth consecutive quarter of same-store sales declines, but CEO Brian Niccol insists a turnaround is underway. While earnings fell short, North American cafes show signs of recovery, and China sees promising growth for the first time in over a year.
