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 Hopes a Grab-and-go Egg Snack Will Help Food Sales
NEW YORK (AP) — Starbucks will start selling a new bite-sized egg snack next week, the first of a series of new food options that the coffee chain hopes will boost sales.
The new item, called Sous Vide Egg Bites, is a wheat-free portable egg-and-cheese mixture about the size of a golf ball...
Starbucks says Schultz to Step Down as CEO, Become Chairman
NEW YORK (AP) — Starbucks says CEO Howard Schultz is stepping down from the coffee chain that he joined more than 30 years ago.
The Seattle-based company announced Thursday that Kevin Johnson will become chief executive as of April 3.
Schultz will become executive chairman on that date to focus …
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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