NEW YORK, United States (AFP) — Starbucks plans to hire 10,000 refugees worldwide over the next five years in response to President Donald Trump’s travel ban, the head of the US coffee-chain company said Sunday. “I write to you today with deep concern, a heavy heart and a resolute promise,” Starbucks chairman and chief executive Howard Schultz said in a letter to employees posted on the company’s website. “We are living in an unprecedented time, […]
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Starbucks’ Schultz to step aside as CEO; stay on as chairman
NEW YORK, United States (AFP) — Starbucks chief executive Howard Schultz will step aside as CEO but remain with the company as chairman, the coffee giant said Thursday in a surprise announcement that sent the share price down after hours. Schultz, who helped grow Starbucks from a sleepy chain in Seattle to an iconic global brand, will stay on as executive chairman and chairman of the board. The change is effective April 3. He will hand the reins […]
US woman sues Starbucks for $5 mn over ice in cold drinks
WASHINGTON, United States (AFP) — A Chicago woman is suing Starbucks for more than $5 million, claiming the coffee giant is under-filling its popular hand-blended iced coffee, tea and other drinks, making customers overpay for beverages. In a lawsuit seeking a jury trial and class action status, alleging false advertising and consumer fraud, Stacy Pincus accuses the world’s biggest coffee retailer of serving its customers “much less than advertised — often nearly half as many […]
“F” grades for Starbucks, Subway
(Reuters) — All but five of 25 U.S. fast food and fast-casual chains got “F” grades for their antibiotic policies, according to a report by public interest groups including Friends of the Earth and the National Resources Defense Council. Among them: Starbucks, Subway, Wendy’s and Domino’s Pizza. The companies couldn’t immediately comment because they had not been given the results before publication. The report said, “Most top U.S. chain restaurants… have so far failed to […]
Starbucks eyes booze, food and technology to boost U.S. growth
(Reuters) – Starbucks Corp, aiming to give cooling U.S. traffic a jolt, on Thursday announced it will add beer, wine, and evening snacks to thousands of domestic cafes, widen lunch offerings and roll out mobile ordering. Such efforts are part of the world’s biggest coffee chain’s plan to broaden its appeal as a destination with consumers who are spending more time shopping online rather than in malls and Main Street stores. The company, which is […]
Starbucks sales in Americas region up slightly more than expected
Thu Jul 24, 2014 7:17pm EDT (Reuters) – Starbucks Corp on Thursday said quarterly sales at established stores in its dominant Americas region grew a somewhat stronger-than-expected 6 percent, including a 7 percent rise for the United States that was helped by food sales. The third fiscal quarter report from the world’s biggest coffee chain followed disappointing quarterly results from McDonald’s Corp and Dunkin’ Donuts parent Dunkin’ Brands. But Starbucks’ sales gains did not rival […]
Starbucks to provide free college education to thousands of workers
Starbucks Corp said it plans to partly pay for an online bachelor’s degree program for its employees in the United States, hoping to retain its workforce and save on hiring and training costs.





