Starbucks: latest retail news and insights | ESM Magazine

Starbucks Cuts Annual Sales Forecast As Demand Cools In US, China

Starbucks cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years.

Starbucks Cuts Sales View Due To Middle East Conflict, Warns Of Weak Q2

Starbucks cut its annual sales forecast as the Israel-Hamas war hurt its Middle East business, while warning that softer demand in January and slow recover...

Cadbury-Parent Mondelēz Sees Q4 Sales Jump, Price Hikes Impact Volumes

Mondelēz International posted a rise in fourth-quarter sales, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent's chocola...

Starbucks To Raise Wage For US Store Workers By At Least 3% From 2024

Starbucks will raise the hourly pay for its US retail workers by at least 3% from 2024, it said, as it plans to expand its store count amid strong demand f...

Starbucks Gets Sales Bump From Strong US Demand

Starbucks beat Wall Street targets for fourth-quarter results as strong demand for its pricey coffees and cold drinks in North America offset a feeble reco...

Consumer Reports Finds More Lead And Cadmium In Chocolate

Consumer Reports said it had found 'concerning' levels of lead and cadmium in a third of various chocolate products it tested recently, and called on Hersh...

Nestlé And Starbucks Celebrate Five Years Of Global Coffee Alliance

Nestlé and Starbucks are celebrating five years of their global coffee alliance, established in 2018 to accelerate and expand Starbucks brands in co...

Starbucks Misses Quarterly Sales Estimates, Sees Lasting China Rebound

Starbucks missed market expectations for quarterly comparable sales, with demand for its coffees and cold drinks showing some signs of tapering in the Nort...