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STARBUCKS FINANCIAL PERFORMANCE
Starbucks store closures: Why is the coffee giant shutting 250 North American locations despite rising sales and earnings forecasts?Starbucks plans to close 250 North American coffeehouses this week, trimming roughly 1% of its 18,000 locations across the continent. The d...- The creator economy has a new middle classYoung workers now see social media influencing as a plausible career pivot. This shift allows them to earn income through brand deals and p...
- Chipotle just sent a warning sign the Fed can’t ignore — is a Recession next?US recession warning: Chipotle's recent earnings report signals a potential slowdown in consumer spending, particularly among younger demog...
- Starbucks’ $30 billion blunder? Marketing guru’s post goes viral - Elon Musk can’t resist taking a jabStarbucks’ $30 billion blunder is making headlines. A viral post claims the coffee giant lost billions under its new CEO. Social media is b...
- Starbucks layoffs: 900 workers to lose jobs - here are the stores and departments impactedStarbucks layoffs: Starbucks is facing business challenges. The coffee chain will shut down hundreds of cafes this month. This is about 1% ...
- Starbucks to close stores, cut more jobs as CEO deepens restructuringStarbucks plans to shut down underperforming North American stores and eliminate approximately 900 jobs as part of a $1 billion restructuri...
- Starbucks brews up success; now India’s largest café chainTata-owned Starbucks has become the largest organised café operator in India with 457 stores across 70 cities. This milestone follows the a...
- Tata Starbucks revenue up 76% to Rs 636 cr in FY22; reduces net loss significantlyThe company now has 268 stores across 26 cities.Formed in 2012, Tata Starbucks is a 50:50 joint venture between Starbucks Corporation and T...
- Starbucks to embark on aggressive expansion plan in IndiaTata Starbucks is a 50:50 joint venture company between Tata Global Beverages and Starbucks Coffee of the US.
- Tata Starbucks to use only fully compostable/recyclable items from next World Environment Day: CEOThe company Thursday said it hopes to achieve the objective by the next World Environment Day, June 5.
- Tata Starbucks nets first positive EbitdaThe growth is nearly double compared to a year ago period when it mostly focussed on profitability and halted aggressive expansion/.
- Growth for now, but profits still need to come in, says Starbucks CEO Avani Saglani DavdaSuch times are a great learning experience in a customer facing business. “There is only this much time to recreate the Starbucks magic for...
- Top bosses' reaction to the stock market: Keep calm and carry onWhile stocks tumbled worldwide, industry leaders and corporate honchos tried to reassure, employees and customers alike.
- Tata Global Beverages Q2 Net down 65% to Rs 62.45 croreTata Global Beverages Ltd today reported a 65.31 per cent decline in consolidated net profit at Rs 62.45 crore for the second quarter ended...
- Tata Starbucks sees potential in over 50 small Indian cities: Avani Davda, CEO"Starbucks has opened 58 stores across Mumbai, Delhi NCR, Pune, Bangalore, Chennai & Hyderabad in 23 months and "will continue to grow," sh...
- Tata Starbucks builds war chest for expansion to take on Cafe Coffee Day, Barista Lavazza, Costa CoffeeStarbucks is displaying an urgency to scale up at a time when most quick-service restaurant operators including McDonalds have reported slo...
- Tata Coffee zooms 15% on strong buying; hits 52-week highTata Coffee surged over 15 per cent to hit its 52-week high of Rs 1562.45 on Friday led by fresh buying in the counter.
- Jubilant FoodWorks to open first Dunkin' Donuts outlet in India by JuneJubilant FoodWorks is preparing to open the first store of Dunkin' Donuts in India by June as it bets on growing preference among younger &...
- Stanford’s billionaire chief vanishes as scam impact ripples across globeAllen Stanford, the Texan billionaire best known for sponsoring the $1 mn West Indies Twenty20 last year, has disappeared, even as US autho...
- A value meal at Starbucks? Coming right upThe allure of the value meal has long seduced penny-pinchers craving a cheeseburger.
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