Page 4 - Starbucks

Delhi HC awards Rs 13 lakh to Starbucks in lawsuit against Jaipur cafe

Justice Navin Chawla permanently restrained LOL Cafe from using the "Frappuccino" mark to sell its products and opined that Starbucks Corporation is also entitled to the "cost of the suit"

Starbucks workers plan to go on strike at more than 100 US stores

Starbucks workers at more than 100 US stores say they're going on strike Thursday in what would be the largest labour action since a campaign to unionize the company's stores began late last year. The walkouts are scheduled to coincide with Starbucks' annual Red Cup Day, when the company gives free reusable cups to customers who order a holiday drink. Workers say it's often one of the busiest days of the year. Starbucks declined to say how many red cups it plans to distribute. Workers say they're seeking better pay, more consistent schedules and higher staffing levels in busy stores. Starbucks opposes the unionization effort, saying the company functions best when it works directly with employees. The Seattle coffee giant has more than 9,000 company-owned stores in the US. Stores in 25 states planned to take part in the labour action, according to Starbucks Workers United, the group organising the effort. Some workers planned to picket all day while others planned shorter walkouts.

Starbucks co-founder Zev Siegl spills the beans about building a brand

Starbucks co-founder Zev Siegl, who was on a visit to India to attend Global Investors Meet in Bengaluru, was seen at a restaurant enjoying filter coffee and masala dosa

Brewing at Tata Starbucks: Double-digit growth, premium store, masala chai

In the Asia Pacific, Starbucks has 142 Reserve stores

Tata Starbucks opens 1st Reserve store in Mumbai for premium services

Tata Starbucks, which has completed a decade of operations in a checkered manner in terms of profitability and expansion, on Tuesday announced the launch of its first Reserve store here. Tata Starbucks, which currently operates 300 stores across 36 cities in India and is an arm of Tata Consumer Products, has added 32 stores in 14 cities this year so far, atop 50 stores added last fiscal. Adding 32 stores across 14 cities so far is the largest store expansion in a single year, Tata Starbucks chief executive Sushant Dash told PTI here. Dash said the company, which is yet to report its maiden profit, is out of the pandemic blues with Q1 FY23 revenue more than doubling to Rs 251 crore. In FY22, its topline grew 78 per cent to Rs 636 crore. It reported a net loss of Rs 95 crore. But Dash insisted the company is cash positive while refusing to offer a timeline on when it will be able to turn profitable. Starbucks Reserve store aims to elevate the coffee experience of the brand by ...

Wall Street edges higher after rout on rate hike worries; Tesla up 1.5%

Traders price in 37% chance of 100 bps rate hike next week; Starbucks projects strong profit growth over next three years

Unionisation, first challenge brewing for Narasimhan as Starbucks CEO

Narasimhan holds a degree in mechanical engineering from the College of Engineering, University of Pune, India

Nadella, Pichai, Narasimhan: Indian-origin CEOs at the helm of American cos

With Laxman Narasimhan being appointed as the CEO of Starbucks, a new name has been added to the list of India-origin CEOs of American corporations

Starbucks Corp names former Reckitt head Laxman Narasimhan as new CEO

Narasimhan was CEO of Reckitt, which also makes Durex condoms, Enfamil baby formula and Mucinex cold syrup

Starbucks asks labour board to halt union votes temporarily at US cafes

The Seattle coffee giant said regional office made special arrangements for pro-union workers to vote in person at its office, even though store election was supposed to be handled by mail-in ballot

Starbucks mulls selling UK business after coronavirus pandemic hit

The UK is Starbucks' largest market in Europe, the Middle East and Africa

Apple store workers in Maryland vote to become first in US to unionize

The decision could spark a wider unionization movement among Apple store workers, similar to the first Starbucks union vote last year

Starbucks leaving Russian market after McDonald's, shutting 130 stores

Starbucks' stores are owned and operated by Alshaya Group, a Kuwait-based franchise operator

US: Interfaith group asks Starbucks to drop vegan milk surcharge

In a statement issued Friday, an interfaith coalition led by Nevada-based Hindu activist Rajan Zed pressed the coffee chain to end the surcharges it called unethical and unfair.

Starbucks CEO Schultz blasts 'false promises' by past management

Schultz said he realized through the employee sessions that 'there's been many short-term decisions that have had an adverse long-term effect on the company'

Starbucks' Schultz announces halt to stock buybacks, shares fall

Shares closed more than 3% lower. Analysts predicted the suspension to knock 2 to 3% off earnings in fiscal 2023.

Starbucks' Howard Schultz announces halt to stock buybacks, shares fall

Schultz said in the letter that he will travel in coming weeks to meet with employees

Starbucks CEO Johnson to retire; founder Schultz to be interim chief

Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis.

A new coffee company is taking on Starbucks in London

Blank Street Coffee, the fast-growing Brooklyn, New York-based chain, is bringing its inexpensive espresso to the UK capital in June.

McDonald's, Starbucks, Coca-Cola shut shops, halt production in Russia

Other well-known Western food giants such as KFC and Burger King were also reportedly stopping sales in Russia