Starbucks posted a bigger-than-expected drop in quarterly global comparable sales on Tuesday, as demand remained sluggish for its pricey coffees in the United States amid rising macroeconomic ...

The company announced it would dial back its frequent discounts and promotions, according to reports from TODAY.com and The Wall Street Journal. The move is part of an overhaul to bring Starbucks ...

Starbucks will apply a "zero-based budgeting" approach to find savings to pay for its Back to Starbucks turnaround. The method has a tough reputation.

Struggles Weighing on Starbucks. Starbucks’ challenges are many. Inflation-weary consumers are cutting back on discretionary spending and reducing visits to premium coffee shops.

Starbucks is changing one of its most generous parts of its loyalty program, marking the latest effort by CEO Brian Niccol to boost profits.

Starbucks Corp. on Monday announced price cuts for a slew of its tea-based beverages at its stores across China, as the American coffee chain takes a more aggressive approach to revive sales at ...

Starbucks said on Thursday it had elected economist Dambisa Moyo and Marissa Mayer, CEO of an AI startup, to its board, effective June 25. These appointments come as the coffee giant doubles down ...

PROFIT: The coffee chain is expected to post a profit of $545.2 million, or 48 cents a share, according to analysts polled by FactSet. In the same quarter last year, Starbucks reported a profit of ...

Starbucks is eliminating the 25-star bonus for customers that bring in a personal, reusable cup for drink orders. Starbucks is changing one of the most generous parts of its loyalty program.

He has also brought back a company tradition of baristas doodling on cups, as well as self-serve milk and sugar stations. The-CNN-Wire & 2025 Cable News Network, Inc., a Time Warner Company. All ...