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Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlashStarbucks Korea sales have dropped significantly. This follows a marketing campaign that caused public anger. The campaign was linked to th...- Starbucks to cut 61 technology jobs in SeattleStarbucks is making headlines with the announcement of 61 tech job reductions at its Seattle HQ, signaling a pivotal phase in the company’s...
- Starbucks sells 60% stake in China business in $4 billion deal with BoyuStarbucks is partnering with Chinese firm Boyu Capital to expand its presence in China. Boyu Capital will acquire a majority stake in Starb...
- Starbucks India losses surge 65% in FY25, sales grow 5%Starbucks India witnessed a 5% sales increase, reaching ₹1,277 crore, but its losses widened by 65% to ₹135.7 crore in FY25. Despite launch...
- Starbucks turns to celebrity CEO as it struggles to define itself for era of mobile ordersStarbucks is undergoing a transformation under new CEO Brian Niccol, known for his success at Chipotle. The coffee giant aims to address op...
- Starbucks going green? Jet-setting CEO makes mockery of green agendaStarbucks is frequently criticised for its emphasis on sugary drinks and its dubious environmental pledges. Despite trying to project a gre...
- New Starbucks CEO Brian Niccol to get $1.6 mn salary; will commute 1,600 kms to work in a corporate jetStarbucks has appointed Brian Niccol as its new CEO, starting September 9, 2024. Niccol’s compensation package includes a $1.6 million base...
- Starbucks’ FY24 losses widen to Rs 81.84 crore for India operationsOf its total loss, Tata Consumer bore Rs 40.91 crore. This is a significant increase compared to the previous year, when Starbucks reported...
- Citing sustainability, Starbucks wants to overhaul its iconic cup. Will customers go along?Starbucks aims to eliminate disposable cups completely by 2030 as part of its sustainability goals. The company plans to transition to reus...
- 'World's most expensive coffee': US couple charged ₹3.6 lakh for Starbucks coffeeThe American couple was charged an incorrect gratuity of $4,444.44 at their local Starbucks in Tulsa.
- Nestle enters appliances categoryThe company said India is among its first few markets to begin retailing the smartphone-connected machines.
- Nestle forays in small appliances categoryNestle is in the process of rolling out app-based coffee machines, which it will sell through non-FMCG distribution channels as well.
- Storm in a coffee mug: Starbucks versus SardarbukshDelhi chain Sardarbuksh sued by US coffee giant may be renamed Sardarji-Buksh if HC rules against it.
- Starbucks to take Tata’s coffee & water globalTata Starbucks opened their first India store in October 2012, and now has 84 outlets making its pace of expansion a record in Starbucks’ 4...
- Starbucks extends Tata partnership beyond IndiaThe brand - Starbucks Reserve Tata Nullore Estates - will be the first coffee from India to be roasted and launched in Seattle later this y...
- 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...
- Avani Saglani Davda: Why Tata Sons director thinks a young TAS product is perfect to lead the JV with StarbucksChairman of Tata Global Beverages who is also a director on the board of Tata Sons, was on the look out for an executive assistant.
- Starbucks to create a brand around Indian coffee: Starbucks CoffeeAfter several unsuccessful attempts to enter India, the retailer has signed an MoU with Tata Coffee for sourcing and roasting high-quality ...
- Starbucks begins announced layoffs to cut costsStarbucks Corp on Wednesday told about 1,370 employees that their jobs will be cut as the gourmet coffee company sheds costs by closing sto...
- Starbucks may cut 1,000 more jobsCoffee chain Starbucks Corp could cut another 1,000 jobs in the coming weeks, according to a report in the Seattle Times on Saturday.
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