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Starbucks

Financing

Here’s what an activist investor could push Starbucks to do

 By Jonathan Maze on Jul. 22, 2024

The Bottom Line: With the coffee shop chain reportedly talking with an activist investor, here’s a look at some of the potential changes they might demand.

Financing

Starbucks is reportedly getting an activist investor

 By Jonathan Maze on Jul. 19, 2024

Elliott Investment Management is apparently pushing the Seattle-based coffee shop chain to make changes, according to multiple media reports.

Technology

Tech outage shuts down Starbucks' order-ahead function

By Peter Romeo and Jonathan Maze on Jul. 19, 2024

The coffee shop chain's mobile ordering system was not functional on Friday and some stores even shut down amid a global outage by Microsoft and the cybersecurity company CrowdStrike.

Operations

Starbucks inks a deal to install 100 more EV chargers, mostly along the West Coast

By Peter Romeo on Jul. 18, 2024

The devices will be installed along the I-5 corridor under a deal with Mercedes-Benz. When those chargers are up and running, the coffee chain would sport chargers at 1,000 units in total.

Operations

Reusable cups are coming to a bunch of restaurant chains in one California city

By Jonathan Maze on Jul. 09, 2024

Starbucks, Burger King, KFC, Dunkin’ and other brands will work together on a citywide reusable cup initiative in Petaluma, California, starting August 5.

Beverage

Starbucks jumps on the energy drink bandwagon

By Jonathan Maze on Jun. 25, 2024

The Seattle-based coffee shop chain, eager to reverse a sales decline, this week introduced a line of energy drinks, hoping to lure more younger customers to its restaurants.

Marketing

There's plenty happening at the high end of the pricing barbell, too

By Peter Romeo on Jun. 19, 2024

Reality Check: Decadent meal choices are also proliferating, for a lot more than $5.

Financing

A Brazilian TGI Fridays operator declares bankruptcy

By Jonathan Maze on Jun. 14, 2024

SouthRock Capital, which had also operated Starbucks and Subway units, filed for Chapter 15 bankruptcy in Texas to protect its rights to the casual-dining restaurant chain.

Workforce

Starbucks wins its Supreme Court union case

By Peter Romeo on Jun. 13, 2024

The nation's highest court agreed that more stringent criteria should have been weighed before a U.S. district court granted an NLRB's petition to stop pro-union employees from being fired.

Financing

Starbucks' value offer is a bad idea

By Jonathan Maze on Jun. 13, 2024

The Bottom Line: It’s not entirely clear that price is the reason Starbucks is losing traffic. If it isn’t, the company’s new value offer could backfire.

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