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Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas Eve
Read full article: Starbucks workers begin strikes that could spread to hundreds of US stores by Christmas EveWorkers at U.S. Starbucks stores have begun a five-day strike to protest a lack of progress in contract negotiations with the company.
Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging sales
Read full article: Starbucks CEO sets four-minute service goal as he tries to reinvigorate sagging salesStarbucks’ new Chairman and CEO Brian Niccol wants customers to get their orders hand-delivered by a barista in four minutes or less, a goal that will be central as he tries to reinvigorate the company’s sagging sales.
Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile orders
Read full article: Starbucks turns to a celebrity CEO as it struggles to define itself for an era of mobile ordersFifty-three years after its founding, Starbucks is unhappy with what it’s become – and trying to figure out how to meet customers’ changing needs without losing its coffeehouse roots.
Starbucks is giving its new CEO a huge pay package and not making him move to Seattle
Read full article: Starbucks is giving its new CEO a huge pay package and not making him move to SeattleStarbucks' incoming CEO could make well in excess of $100 million in his first year with the company under an incentive-laden contract, and he will not be required to relocate from his home in California to Seattle, the home of the global coffee giant.
Stock market today: Wall Street rallies to one of its best days of the year after inflation report
Read full article: Stock market today: Wall Street rallies to one of its best days of the year after inflation reportU.S. stocks rose to one of their best days of the year as Wall Street relaxed after the first of several highly anticipated reports on the economy this week came in better than expected.