Starbucks: latest retail news and insights | ESM Magazine

Starbucks' Schultz To Remain Interim CEO Until March 2023

Starbucks Corp has said that Howard Schultz will remain the coffee chain's interim chief executive officer until the end of March 2023, as it looks for a p...

Starbucks To Exit Russia After Nearly 15 Years

Starbucks Corp has announced plans to exit the Russian market after nearly 15 years as the coffee chain joins McDonald's Corp in marking the end of the pre...

Starbucks’ Schultz Returns, Announces Halt To Stock Repurchasing Programme

Starbucks Corp's longtime former chief executive Howard Schultz has announced the suspension of the company's stock repurchasing program, as he returns thi...

Starbucks CEO Kevin Johnson To Retire In April

Starbucks chief executive officer Kevin Johnson will retire on 4 April, the company said on Wednesday, and the coffee chain's founder Howard Schultz will s...

Nestlé, Starbucks Extend Ready-To-Drink Coffee Partnership

Nestlé and Starbucks have announced an extension to their existing partnership, which will see the firms launch ready-to-drink coffee beverages in m...

Starbucks Insider Ruggeri To Take Over As CFO, Grismer To Retire

Starbucks Corp said long-time executive Rachel Ruggeri would take charge as chief financial officer next month, replacing Patrick Grismer who will be...

Starbucks To Pause Paid Advertising Across Social Media To Help Stop Hate Speech

Starbucks Corp will pause advertising on all social media platforms as it explores the best ways to help stop the spread of hate speech, the company s...

Starbucks Forecasts Over $2bn Drop In Quarterly Income As COVID-19 Hits

Starbucks Corp said it expects current-quarter operating income to plunge by up to $2.2 billion, and sales to decline for the rest of the year even as near...