starbucks

Starbucks Denies Rumor of Discounts for Immigrants
DETROIT (AP) — Starbucks Corp. is shooting down a rumor that its coffee shops will give discounted drinks and food to undocumented immigrants on Aug. 11.
Starbucks senior vice president of global communications, John Kelly, tells The Associated Press in an email that the rumor is "comp…
Starbucks Sales Fall Short of Expectations
NEW YORK (AP) — Starbucks says a key sales figure rose 3 percent in the U.S., but that the increase was the result of higher average spending and that customer traffic was down.
The coffee chain attributed the decline to a change in its loyalty program that led to people no longer splitting the…
Starbucks Plans to Double Stores in China in 5 Years
NEW YORK (AP) — Starbucks is pushing ahead with its expansion into China and says it is on track to having 5,000 stores there by 2021, more than doubling the number of coffee shops it currently has in the country.
The coffee chain is looking to China to fuel the company's growth...
Starbucks Cuts Sales Forecast After Growth Slows
NEW YORK (AP) — Starbucks has trimmed its sales forecast after revenue came in lighter than expected in the most recent quarter.
The Seattle-based company said Thursday global sales rose 4 percent at established locations, including in its flagship Americas region, for its fiscal third quarter.…
Starbucks Increases Base Pay of Workers in October
NEW YORK (AP) — Starbucks is boosting the base pay of all employees and store managers at U.S. company-run stores by 5 percent or more on Oct. 3.
In a letter sent to workers Monday, CEO Howard Schultz said that the amount of the raise will be determined by geographic and market factors...

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