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COVID STARBUCKS
Starbucks’ going desi with masala chai, filter coffeeThe menu now also includes street-style freshly assembled sandwiches, milkshakes, bite-sized snacks and a smaller beverage cup that's being...11 Jul, 2022, 06.37 PM IST- 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...05 Jun, 2022, 11.35 AM IST
- Starbucks misses sales estimates on China COVID curbsStarbucks has raised wages for employees. Even so, more than 50 U.S. cafes have elected to join the Workers United union, while five stores...04 May, 2022, 07.13 AM IST
- Starbucks CEO Kevin Johnson to step down among severe unionization drivesKevin Johnson, who had been CEO of Starbucks for about five years, is scheduled to step down early in April this year, and Howard Schultz i...16 Mar, 2022, 08.47 PM IST
- Starbucks profits up despite China hit due to Covid-19The coffee giant reported profits of $1.8 billion in its fiscal fourth quarter, up more than four times from the year-ago level. Revenues r...30 Oct, 2021, 08.15 AM IST
- Starbucks eyes faster India expansion with new store formatsStarbucks aims to hasten its India expansion with smaller stores and drive-through outlets, the CEO of its local partner said on Monday, si...25 Oct, 2021, 07.56 PM IST
- QSR scene hots up as foreign chains chart out India plansGloria Jeans Coffee plans to re-enter India by opening outlets in the coming months, years after it had exited the country. Canada-based Ti...17 Aug, 2021, 08.30 AM IST
- Starbucks renegotiating rent agreements with property owners due to Covid disruption“Most contracts had been renegotiated till the end of last fiscal. I don’t think too many of us saw the second wave coming,” Tata Consumer ...14 Aug, 2021, 09.54 AM IST
- We’re looking at expanding into high-margin FMCG businesses & acquisitions: Tata Consumer MD Sunil D’Souza“The premise of creating the consumer business was to create a much bigger space in FMCG; but we will go ahead with clearly differentiated ...04 Feb, 2021, 10.18 PM IST
- Tata Starbucks will emerge stronger from COVID-19, to expand presence: TCPL MD & CEOA 50:50 joint venture between TCPL and Starbucks Corporation, Tata Starbucks, has so far reopened around 60 per cent of its stores in India...26 Aug, 2020, 03.54 PM IST
- QSR chains to step up drive-throughs as consumers opt for social distancing & convenienceAs consumers stay away from eating out amid fears of spiralling coronavirus cases in India, quick-service-restaurants such as McDonald’s, K...10 Jul, 2020, 01.24 PM IST
- Credit Suisse initiates coverage on Tata ConsumerNew food businesses and Starbucks are long term prospects for Tata Consumer08 Jul, 2020, 01.50 PM IST
- Tata Starbucks forays in value-pack at-home segmentEarlier this month, the Seattle-based Starbucks Corp said it will take a US $3.2 billion hit on revenue in its fiscal third quarter on acco...22 Jun, 2020, 09.25 PM IST
- Tata Starbucks posts 21% growth in 2019-20; TCPL invests Rs 53 crore in JVDuring the financial year 2020-21, TCPL invested Rs 53 crore in the JV, taking the total investment to Rs 288.80 crore.14 Jun, 2020, 02.21 PM IST
- Tata Starbucks crossed Rs 500 crore in revenues during FY19-20For fiscal 2019-20, the Indian unit of the world's biggest coffee retailer expanded sales by 21%. With revenues of Rs 447 crore in FY19, th...15 May, 2020, 05.26 PM IST
- Tata Starbucks to launch drive-through, home deliveriesTata Starbucks is planning to launch drive-through outlets and home deliveries as it works on a new business models to mitigate the economi...12 Apr, 2020, 02.10 PM IST
- Coronavirus hits environmental initiatives: Starbucks pauses use of reusable, personal cupsThe decision to ban reusable cups was made over concerns for 'health and well-being'.06 Mar, 2020, 04.00 PM IST
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