Starbucks

Tata Starbucks denies appointing Dolly Chaiwala as brand ambassador

Tata Starbucks stated on LinkedIn that it did not have any official brand ambassadors in India and specifically clarified that it had not entered into any collaboration with Dolly Chaiwala

Starbucks earnings disappoint as CEO Niccol's strategy hits US roadblocks

Investors have placed their bets on Niccol's turnaround strategy for the brand, whose sales have fallen for four straight quarters

AI advances and layoffs: Is the white-collar job market shrinking?

Unemployment rate for college graduates has risen faster than for other workers in recent years

Starbucks to layoff 1,100 corporate employees as coffee chain streamlines

Starbucks plans to lay off 1,100 corporate employees globally as new Chairman and CEO Brian Niccol streamlines operations. In a letter to employees released Monday, Niccol said the company will inform employees who are being laid off by mid-day Tuesday. Niccol said Starbucks is also eliminating several hundred open and unfilled positions. Our intent is to operate more efficiently, increase accountability, reduce complexity and drive better integration, Niccol wrote in the letter. Starbucks has 16,000 corporate support employees worldwide, but that includes some employees who aren't impacted, like roasting and warehouse staff. Baristas in the company's stores are not included in the layoffs. Niccol said in January that corporate layoffs would be announced by early March. He said all work must be overseen by someone who can make decisions while the the Seattle coffee giant reduces the complexity of its structure and eliminates silos within the company that slow communication. Our si

Starbucks CEO Brian Niccol makes $96 mn in first four months on the job

Niccol's annual pay package is likely to be valued at about $113 million at the time of his hiring, with a large part tied to equity to replace awards from his prior employer that he had to relinquish

Starbucks lead independent director Hobson to step down after two decades

Hobson previously served as the chairwoman of Starbucks from March 2021 to September 2024, making her the only African American woman to chair a Fortune 500 company at the time of her appointment

No coffee, no bathroom: Starbucks ends open-door policy for non-payers

Starbucks CEO Brian Niccol has announced a slew of initiatives to regain loyalty, including simplifying the menu, freezing price hikes, removing extra charges for non-dairy milk, and 4-min delivery

Ratan Tata's birth anniversary: Key milestones in his illustrious career

December 28 marks the birth anniversary of the late Ratan Tata, whose transformative journey as Tata Group's leader played a vital role in shaping India's industrial landscape

More than 5,000 Starbucks workers strike at 300 plus stores across US

The Christmas Eve strike on Tuesday was projected to be the largest ever at the coffee chain, the union added. These strikes are an initial show of strength, and we're just getting started

Starbucks strike to expand to 300 stores on Christmas Eve, says union

Starbucks Workers United, representing employees at 525 stores nationwide, said more than 60 US stores across 12 major cities, including New York, Los Angeles, Boston and Seattle, were shut on Monday

Amazon, Starbucks workers strike, possible Trump link raises questions

Amazon delivery drivers and Starbucks baristas are on strike in a handful of U.S. cities as they seek to exert pressure on the two major companies to recognize them as unionized employees or to meet demands for an inaugural labor contract. The strikes that started Thursday and Friday followed other recent standoffs between corporate America and organized labor. Large and established labor unions secured meaningful employer concessions this year following strikes by Boeing factory workers, dockworkers at East and Gulf coast ports, video game performers, and hotel and casino workers on the Las Vegas Strip. But workers at Starbucks, Amazon and some other prominent consumer brands still are fighting for their first contracts. Amazon refuses to acknowledge the organizing efforts of drivers and warehouse workers many of whom have voted to unionize even though the powerful Teamsters union says it represents them. Starbucks long resisted the unionization of its stores, but had agreed to ..

Starbucks workers' union to strike in 3 US cities ahead of Christmas rush

Starbucks said it is ready to continue negotiations, claiming the union delegates prematurely ended the bargaining session

Coffee culture in crisis? Starbucks India rethinks its growth brew

Tata Starbucks scales back store openings amid inflationary pressure and real estate challenges. The company remains bullish on India's cafe market, targeting 1,000 stores by 2028

Coffee is a huge opportunity, scaling up Starbucks biz: TCPL CEO & MD

Tata Consumer Products sees a huge opportunity in the coffee business in India and will focus on scaling up cafes under its joint venture Tata Starbucks, according to its MD & CEO Sunil D'souza. Tata Starbucks, a 50:50 JV between Tata Consumer Products Ltd (TCPL) and Starbucks Corporation which runs Starbucks cafes in India, plans to take the number to 1,000 cafes by FY2027-28. The JV has 457 stores across 70 cities as of the September quarter. TCPL also expects growth from its vending business Tata MyBistro', a relatively new entrant in the segment offering a variety of coffee, tea and other drinks mainly to institutional customers. "With Starbucks, we are very clear that the store profitability is not an issue. And as we get to scale, we know that we can generate profits out of it," D'souza told PTI. Though, now Starbucks with over 500 outlets has become the largest coffee chain in the country," though it is "significantly under-penetrated" in comparison to similar per capita ..

Starbucks offers glimpse of North Korean life from new South Korea cafe

Starbucks Coffee Korea's new riverbank cafe at an observatory tower in South Korea's Gimpo city promises coffee aficionados a chance to gaze at normal village life in Gaepung county across border

Starbucks baristas, customers urge new CEO to bring changes in company

Baristas complain about what they say are chronic understaffing and poor pay and benefits, and their inability to easily ban aggressive customers from Starbucks stores

Starbucks baristas, customers urge new CEO to bring changes in company

Baristas complain about what they say are chronic understaffing and poor pay and benefits, and their inability to easily ban aggressive customers from Starbucks stores

Starbucks suspends annual forecast as new CEO Niccol preps turnaround plan

The company's rewards program did not help improve customer traffic. As part of the turnaround plan, Niccol said the company aimed to change its marketing efforts

Committed to engaging constructively with workers union: Starbucks CEO

In his Tuesday letter, Niccol also reiterated his commitment to creating a "great work environment" at the stores, and added that the company "values" direct relations with workers

Starbucks appoints Brian Niccol as CEO after struggles with mobile orders

To Howard Schultz, the chaos he observed at a Starbucks in Chicago one recent morning summed up the troubles of the company he long led as chairman and CEO. Commuters tumbled off trains and into a Starbucks store to pick up the orders they had placed on their cellphones. Drinks weren't ready when the mobile app said they would be. Customers couldn't tell which beverage was theirs. Everyone shows up and all of a sudden we've got a mosh pit, Schultz said during a June episode of the podcast Acquired. That's not Starbucks. Fifty-three years after its founding, the Seattle coffee giant is unhappy with what it's become and trying to figure out how to meet customers' changing needs without losing its coffeehouse roots. To recapture what once made it special and turn around sagging sales Starbucks is turning to Brian Niccol, an experienced marketer who previously led Taco Bell and Chipotle. Niccol takes over as Starbucks' chairman and chief executive on Monday. With nearly 40,000 stor