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Starbucks

Financing

Cold beverages heat up sales at Starbucks

The coffee giant recorded record sales and profits last quarter as customers ordered more Nitro Cold Brew and Refreshers.

Marketing

Starbucks expands its food donation program

The company also said it is donating $1.7 million to 16 food banks across the U.S. where it has community stores.

The chains started warning consumers about a lack of supplies as transportation issues continue to cause supply issues.

The coffee giant is one of 166 companies calling on Congress to update the Voting Rights Act.

The longtime company veteran takes over for Roz Brewer, who is now the CEO of Walgreen’s. Michael Conway will take over as president of international.

The coffee giant has applied to register its name as a trademark for an athletic facility, prompting speculation it could join the list of restaurants putting their names on arenas.

With the pandemic easing, the chain will let customers bring reusable cups starting June 22 in a bid to reduce waste.

McDonald’s, meanwhile, said its mask requirement is still in place while it mulls how to proceed.

The chain’s same-store sales grew over 2019 levels thanks entirely to higher check averages as customers ordered more items per visit.

The chain is testing a “Borrow-A-Cup” program at five stores in Seattle as part of an effort to reduce overall waste.

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