Unionized Starbucks baristas are set to strike on November 13, targeting the company’s busiest day to demand a contract after years of stalled negotiations. Workers are ready to disrupt the holiday cheer!
In a significant shift, Starbucks has sold a 60% stake in its Chinese operations to Boyu Capital for $4 billion, aiming to regain market share from competitors like Luckin Coffee as it seeks to expand its footprint across the country.
Starbucks has announced a $4 billion joint venture with Boyu Capital to operate its China locations. This strategic move aims to capitalize on the vast market potential despite recent challenges from competitors like Luckin Coffee.
Nvidia has made headlines by becoming the first company to surpass a $5 trillion market value amid a booming AI sector. CEO Jensen Huang discusses future revenue expectations, while notable figures like Cramer and Starbucks' CEO weigh in.
Starbucks has closed at least 11 locations in Colorado as part of a broader strategy to shutter hundreds of stores worldwide. CEO Brian Niccol discusses the impact on partners and the community.
Starbucks is closing over 100 stores and laying off 900 employees, offering severance packages to affected baristas. Find out what this means for the coffee giant's future and its employees.
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.
