(SEATTLE, Wash.)Despite pleas from loyal coffee drinkers, Starbucks Corp. said it is moving forward with its plans to close 600 of its stores. Earlier this month, Starbucks named the 600 company-o...READ MORE
(NEW YORK)Shares of specialty coffee retailers were mixed Monday after a Robert W. Baird & Co. analyst said the companies are likely to meet Wall Street's profit estimates for the second qua...READ MORE
(NEW YORK)Restaurant company shares were mixed Friday, but most still gained for the week after a number of companies hit yearly lows just days ago. A mixed bag of earnings reports led the o...READ MORE
(SEATTLE)Starbucks Corp. has named all 600 company-owned stores it plans to close in a bid to boost its business and weed out unprofitable locations. The company announced 50 stores late la...READ MORE
(NEW YORK)Consumers may have had a bit more money this spring courtesy of Uncle Sam, but that small windfall is unlikely to translate into big second-quarter profits for restaurants.READ MORE