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Starbucks

Financing

Why Starbucks is shifting its attention to the suburbs

Changing consumer habits have the company rapidly adapting its development strategy and its services.

Operations

Starbucks introduces its strawless lids in the U.S.

The chain, which is phasing out the use of plastic straws, is now making available recyclable strawless lids.

The coffee giant is taking steps to provide more information and resources on voting and will give workers time to vote.

What was a trickle a couple of years back has turned into a deluge, with milk made from oats, nuts and more flooding the market.

The coffee giant is banking on a new store strategy, its growing loyalty program and plant-based food to recover sales lost due to COVID-19.

The breakfast-heavy chains are adapting to changes in consumer patterns, which may be more permanent than you think, says RB’s The Bottom Line.

The coffee giant said U.S. transactions declined 52% and same-store sales fell 40%, though performance improved throughout the period.

Starbucks, Taco Bell, Wendy’s and several others have been upgrading or introducing their programs as they hope to build traffic coming out of the pandemic.

The coffee giant will require facial coverings starting July 15, making it the first major restaurant chain to take that step.

Restaurants are featuring branded products in breakfast sandwiches, burgers and more.

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