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Starbucks

Financing

A look at unionization and California’s new fast-food wage law

 By Jonathan Maze on Sep. 22, 2022

A Deeper Dive: RB editor Peter Romeo joins Jonathan Maze to discuss the continuing unionization push at Starbucks and what’s next on the California wage law.

Marketing

Consumers are apparently consuming a lot of pumpkin drinks

 By Jonathan Maze on Sep. 19, 2022

Starbucks had the best week in its history after introducing its fall menu and Dunkin’ had stronger traffic, too.

Financing

Will investments by Burger King and Starbucks work? History says yes

By Jonathan Maze on Sep. 16, 2022

The two chains both revealed plans to invest $400 million or more into their businesses, joining a list of companies that have put cash behind revitalization plans.

Financing

Here’s a look at all the changes Starbucks has made since Howard Schultz came back

By Jonathan Maze on Sep. 14, 2022

The Bottom Line: The coffee giant has changed top executives and its operating structure, increased pay and benefits, and promises major new equipment upgrades. Here’s a rundown.

Financing

Starbucks reveals plans for $450M in store upgrades and faster U.S. growth

By Jonathan Maze on Sep. 13, 2022

The coffee giant will add new equipment, training and employment benefits to improve efficiency and generate more sales. But it also plans to build another 2,000 domestic locations.

Marketing

Starbucks expands its loyalty program to Web3

By Jonathan Maze on Sep. 12, 2022

The coffee giant will integrate non-fungible tokens, or NFTs, into Starbucks Rewards, which will give customers new ways to engage with the brand.

Workforce

Starbucks offers its non-union workers more benefits

By Jonathan Maze on Sep. 12, 2022

The coffee giant will provide savings assistance and student loan management tools. The benefits follow increased worker pay at non-union stores last month.

Financing

Starbucks generates consistent sales growth, but it’s fixing things anyway

By Jonathan Maze on Sep. 09, 2022

The Bottom Line: Interim CEO Howard Schultz says the company’s coffee shops are over-capacity. Sales numbers suggest he has a point.

Workforce

Biden administration drafts advice for businesses facing a union drive

By Peter Romeo on Sep. 08, 2022

But the tutorial focuses on how to keep the process amicable and progressing, not how to thwart it.

Leadership

Starbucks’ next CEO is ‘at peace’ with the transition plan

By Jonathan Maze on Sep. 07, 2022

Laxman Narasimhan, who will take over as chief executive next April, told CNBC that he has a unique opportunity to “apprentice” with Interim CEO Howard Schultz.

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