Starbucks

Financing

Starbucks likes its remodels so much it’s doing more of them

The coffee shop giant quickly renovated 1,000 locations and plans to do more of them this year and next, saying they attract more customers.

Workforce

Starbucks plans to hire thousands of new ‘coffeehouse coach’ roles

The Seattle-based company wants to increase leadership inside its coffee shops and says stores that have employed the coaches have performed better. Most will be promoted from within.

Customers must now make a reservation, rather than wait in a long line, to use the coffee shop giant’s original location at Seattle’s Pike Place Market.

The coffee shop giant, making the rounds of investor conferences this week, says it has plenty of capacity to build sales, especially in the afternoons.

Tech Check: Despite promising early results, the coffee chain is ditching its AI inventory system. It’s the latest example of how AI is falling short for restaurants.

The coffee shop giant isn’t worried that competitors like McDonald’s are jumping on the Refresher bandwagon, because sales of its own platform of fruity drinks just got a big boost of energy.

The coffee shop giant reported its strongest sales in more than two years, and some profit growth to go with it, as the chain’s cold brew won over younger consumers again.

The coffee shop giant believes the new office, which will house 2,000 workers, will bring the company closer to key suppliers while establishing a beachhead to support growth in the South and East.

The coffee shop giant is testing an app through the AI program that can help pick your drink or customization based on your mood, craving, the weather or the outfit you’re wearing that morning.

The coffee shop giant said that workers can earn up to $1,200 a year based on store performance. The company is also expanding tipping, speeding pay and promising more promotion opportunities.

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