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Starbucks

Leadership

Laxman Narasimhan takes the helm at Starbucks

 By Jonathan Maze on Mar. 20, 2023

The coffee chain said that its CEO-in-waiting took over the permanent position on Monday for Howard Schultz, who takes a spot on the company’s board.

Workforce

Starbucks' Howard Schultz agrees to testify before a Senate committee

 By Peter Romeo on Mar. 07, 2023

Facing a possible subpoena, the CEO accepted a pointed invitation to appear before the Health, Education, Labor and Pensions Committee, which is chaired by Bernie Sanders.

Leadership

Bernie Sanders has a hot seat waiting for Starbucks' Howard Schultz

By Restaurant Business Staff on Mar. 06, 2023

Working Lunch: Sanders may indeed be able to compel a Senate appearance by the outgoing chain CEO, but that's just one of the issues that Starbucks faced in the last week or so.

Workforce

Bernie Sanders moves to subpoena Howard Schultz

By Peter Romeo on Mar. 01, 2023

The pro-labor senator says he's tired of being ignored by the Starbucks interim CEO and wants an accounting of the chain's response to a unionization drive.

Workforce

Are Starbucks and Howard Schultz really not to blame for the chain's unionization?

By Restaurant Business Staff on Feb. 24, 2023

Working Lunch: The CEO is quick to shift responsibility to societal trends. So why is the brand making so many operational changes?

Financing

Olive oil in coffee? Really?

By Jonathan Maze on Feb. 22, 2023

The Bottom Line: Starbucks’ new line of coffee is infused with olive oil, after Interim CEO Howard Schultz tried the combination in Italy. Now the company has to convince its customers that the combination works.

Food

Starbucks will start infusing coffee with olive oil

By Jonathan Maze on Feb. 21, 2023

The company has high hopes for Oleato, which will debut in Italy before it comes to the U.S. this year. Starbucks believes it will be a "transformational innovation in coffee."

Workforce

Bernie Sanders summons Starbucks' Howard Schultz to talk unions

By Peter Romeo on Feb. 13, 2023

The famously liberal U.S. senator has asked the coffee chain CEO to appear before a Senate committee and answer questions about Starbucks’ handling of an organizing drive.

Financing

Starbucks still has faith in its China business

By Jonathan Maze on Feb. 03, 2023

Restrictions and a COVID surge in December hammered sales in the Seattle-based coffee chain's second-biggest market. But Starbucks still has big plans for the country.

Financing

Customers keep visiting Starbucks and spending more money

By Jonathan Maze on Feb. 02, 2023

The Seattle-based coffee chain’s average weekly sales hit a record last quarter as people came in more often and spent more money when they did.

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