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Starbucks

Financing

Starbucks is making a big bet on plants

 By Jonathan Maze on Feb. 03, 2021

The coffee chain said the shift to plant-based products has been “dominant” and is testing a location with nothing but plant-based food.

Financing

Starbucks on track for recovery, thanks to its loyal customers

 By Jonathan Maze on Jan. 27, 2021

More mobile ordering and strong drive-thru performance are also helping the coffee giant’s sales recover from the pandemic.

Leadership

Roz Brewer is leaving Starbucks

By Jonathan Maze on Jan. 26, 2021

The coffee giant’s chief operating officer is stepping down next month to take the CEO job at Walgreens.

Operations

Starbucks will help distribute the vaccine in its home state

By Jonathan Maze on Jan. 19, 2021

The company is working with the State of Washington on scaling vaccine efforts.

Financing

Dunkin’ had one huge advantage over Starbucks during the pandemic

By Jonathan Maze on Jan. 19, 2021

The chain has a lot more drive-thru locations in the U.S., which helped it recover more quickly during quarantine, says RB’s the Bottom Line.

Marketing

Starbucks investing $100M to advance equity in its communities

By Jonathan Maze on Jan. 12, 2021

The coffee giant’s Community Resilience Fund will aid small businesses and community projects that promote racial equity and “environmental resilience.”

Leadership

Patrick Grismer is retiring as Starbucks CFO

By Jonathan Maze on Jan. 07, 2021

Rachel Ruggeri will take over as the coffee giant’s finance chief on Feb. 1.

Financing

Starbucks is taking a break on Happy Hour promotions

By Jonathan Maze on Dec. 15, 2020

The coffee giant decided to pause the promotion out of concern for the safety of its workers.

Financing

Starbucks is still bullish on gift cards

By Jonathan Maze on Dec. 14, 2020

Though consumers are staying home, the company said it is still seeing “nice performance” on its gift cards this holiday season.

Financing

Starbucks is pushing takeout, but still banking on its experience

By Jonathan Maze on Dec. 10, 2020

The company plans to maintain aggressive growth in the U.S. with drive-thrus and takeout-only locations, but it also believes experiential customers will return.

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