Starbucks: latest retail news and insights | ESM Magazine

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 Expands Chinese Order Services To Multiple Alibaba Apps

Starbucks customers in China can now order the coffee chain's drinks on Alibaba's Taobao marketplace and mobile map app Amap, the companies have announced,...

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...

Starbucks Same Store Sales In China To Fall By About 50% In Q2

Starbucks Corp has said it expects China sales in stores open for at least a year to fall by about 50% in the quarter ending March due to the coronavirus o...

Nestlé And Starbucks Expect Coffee Alliance To Boost Growth

Nestlé and Starbucks expect new products developed under their coffee alliance will help to increase sales, executives from the two companies told R...