The rise of low-cost local chains - such as Mixue Bingcheng, Luckin and Cotti, which serve up tea, fruit and coffee drinks ...
Shares of Starbucks Corp (SBUX) rose more than 1.30% on Monday after the company reportedly announced it will lay off 1,100 ...
Starbucks announced a major restructuring initiative on Monday that includes the elimination of 1,100 corporate roles across ...
The jobs cuts, which will affect about 7 percent of the chain’s non-retail staff, are part of its new chief executive’s plan ...
Starbucks is laying off 1,100 corporate employees as part of an effort to streamline operations and focus on its core ...
Starbucks had around 361,000 employees worldwide as of September. Niccol, the former Chipotle CEO, also laid out an updated ...
Starbucks will lay off 1,100 corporate employees globally and cut its menu by 30 percent as new Chairman and CEO Brian Niccol ...
Explore Bill Ackman's high-stakes activist campaigns, shaping corporate giants like Canadian Pacific, Herbalife, and Chipotle ...
We view Chipotle's financial strength as sound, with the firm maintaining $1.4 billion in cash, investments, and cash equivalents at the end of the fourth quarter of 2024, access to a $500 million ...
There is a clear distinction among consumers between fast food and fast casual food. The latter is more expensive and ...
Dylan Lewis: It's interesting because in his time at Taco Bell, Brian Niccol was really known for moving that franchise over to a lot of menu innovation, a lot of exciting new products coming out ...