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Starbucks

Financing

Coronavirus hits China restaurants hard

Yum Brands, Starbucks, McDonald’s and others have had to close stores in a country many see as a major source of growth.

Financing

Why HMSHost ended its exclusive deal with Starbucks

The restaurant operator opted out of a nearly 30-year arrangement as demands for airport concessions evolve.

The coffee giant’s U.S. traffic grew 3% last quarter, thanks in part to sales of more cold beverages.

The company said it is monitoring the operating hours of all of its locations in the country amid the fast-growing outbreak.

Kevin Johnson’s pay package increased 36% in the company’s past fiscal year, thanks largely to incentives.

A weekly ranking of restaurant chains’ top TV commercials by effectiveness shows consumers responding to value-oriented pitches from casual brands. But limited-service brands fared better with spots promising an experience.

CEO Kevin Johnson and COO Roz Brewer both will get bonuses based on the company’s performance over the next three years.

Active membership rose 15% over the past year following changes to the program and the addition of more marketing technology.

A roundup of recent winter beverage items launched at chain restaurants.

The 35,000-square-foot Starbucks Reserve Roastery, which opens Friday in Chicago, features five floors of experiential retail.

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