YOU WONT BELIEVE: 2 | Mind Blowing Facts

Starbucks Stock Shows Relative Strength To S&P 500: Here's What To Watch

Starbucks Corp. (NASDAQ: SBUX) shares spiked more than 3% on Wednesday in tandem with the S&P 500, which was trading up about 0.8%.

Benzinga · Sep 7, 2022

Workers at Ann Arbor Starbucks strike again following 'retaliation'

Workers at a Starbucks Corp. in Ann Arbor, Michigan, walked off the job again on Friday morning and plan to stay on strike through Sunday following what union organizers call retaliatory measures and a denial of union representation.

Tribune News Service · Sep 3, 2022

Starbucks names Reckitt chief Laxman Narasimhan as next CEO

Starbucks Corp. tapped Laxman Narasimhan, chief executive officer of Reckitt Benckiser Group Plc, as its next CEO, choosing a consumer-industry veteran to chart a new path after the interim tenure of Howard Schultz.

Tribune News Service · Sep 1, 2022

Starbucks likely to tap board director to fill top job as Schultz exit looms

Starbucks Corp.’s hunt for a new chief executive officer has no shortage of complications: The coffee giant’s crucial China business is sputtering and its US stores are grappling with unionization efforts, potential turnoffs for plum candidates. The company lacks natural internal successors after the departure last year of two C-suite…

Tribune News Service · Jun 22, 2022

Why This Starbucks Investor Continues To Buy Stock

Hightower Advisors' Stephanie Link said she would continue to add to her Starbucks Corp (NASDAQ: SBUX) position

Benzinga · Jun 21, 2022

Why Starbucks Shares Are Sliding

Starbucks Corp (NASDAQ: SBUX) shares are trading lower Thursday amid overall market weakness as stocks move lower following Wednesday's Fed rate hike announcement.

Benzinga · Jun 16, 2022

Starbucks Reopens China Stores: Bloomberg

Starbucks Corp (NASDAQ:SBUX) is reopening its stores in China after a resurgence in the COVID-19 cases prompted the closure of business activities in the country, Bloomberg reported. The coffeehouse chain has reopened 600 out of its 940 stores. The report added that the company plans to offer only online orders but will…

Benzinga · Jun 3, 2022

Starbucks Divests This Cold-Pressed Juice Brand - What's The Focus Now

Bolthouse Farms has signed a definitive agreement to acquire the Evolution Fresh brand and business from Starbucks Corp (NASDAQ:SBUX) for an undisclosed amount. Evolution Fresh is a producer of primarily organic, cold-pressed, premium juice products. Bolthouse Farms, a portfolio company of private equity firm Butterfly, aligns powerhouse juice brands to propel Evolution Fresh forward.…

Benzinga · May 25, 2022

Starbucks Closes Russia Business Permanently: WSJ

Starbucks Corp (NASDAQ:SBUX) is shutting down its business in Russia, the Wall Street Journal reported. The coffee giant has decided to permanently close operations in its 130 stores and would no longer have an operation in Russia. The company had suspended its licensee's Russian business on March 8. The report noted the company…

Benzinga · May 23, 2022

Starbucks Includes Abortion Travel Coverage To US Health Benefits: Reuters

Starbucks Corp (NASDAQ:SBUX) will reimburse U.S. employees if they must travel more than 100 miles from their homes to obtain an abortion, Reuters reported. The decision was communicated by the company through a memo to its employees. The coffee chain joins the likes of Amazon.Com, Inc. (NASDAQ:AMZN) and Microsoft Corp (NASDAQ:MSFT) to offer the benefit. The…

Benzinga · May 16, 2022