HOWARD SCHULTZ

International Business Times Logo

Starbucks inks pact to enter India, source beans

Starbucks Corp , the world's largest coffee chain, unveiled a tie-up on Thursday that could bring its iconic cafes to Asia's third-largest economy, where western-style coffee shops are increasingly popular.

Starbucks cuts name, coffee from logo

International Business Times Logo
Starbucks Corp , the world's biggest coffee chain, dropped both its name and the word coffee from its 40-year old logo, prompting cries of outrage from people who said they were loyal customers.

Starbucks disappoints as costs rise

International Business Times Logo
Starbucks Corp's 2010 and 2011 earnings forecasts came in at the lower end of Wall Street's lofty expectations with commodity costs expected to rise next year, sending its shares down more than 2 percent.
International Business Times Logo

Starbucks profit signals recovery

Starbucks Corp , McDonald's Corp and other U.S. restaurant chains reported quarterly results showing the turnaround already priced into restaurant stocks is finally at hand.
More news
International Business Times Logo

Starbucks U.S. sales signal return to growth

Starbucks Corp posted its first quarterly rise in U.S. same-store sales in two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
International Business Times Logo

U.S. sales grow at Starbucks, shares rise

Starbucks Corp posted its first quarterly rise in U.S. same-store sales in more than two years, signaling that recession-weary consumers are spending more on small, daily luxuries.
International Business Times Logo

Daily Wrap Up - Nov 12

Buffett's Crisis Declaration; Disney Beats Street; Starbucks' Competition
International Business Times Logo

Starbucks raises outlook as turnaround signs mount

Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up almost 4 percent.
International Business Times Logo

Starbucks beats view, raises targets

Starbucks Corp raised its financial forecasts for 2010 in the latest sign a year-long turnaround effort is boosting margins and putting it back on track for growth, sending shares up 4 percent.
International Business Times Logo

Starbucks beats view, raises target, shares up

Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
International Business Times Logo

Starbucks beats view, raises target

Starbucks Corp reported a stronger-than-expected quarterly profit and raised its forecast, in the latest signs that the chain is turning around after closing cafes and slashing costs, and its shares rose 4.1 percent.
International Business Times Logo

Starbucks debuts Via instant coffee in U.S., Canada

Chief Executive Howard Schultz called Starbucks Corp's Via Ready Brew perhaps the biggest opportunity in company history as he prepared for the instant coffee product's North American roll-out on Tuesday.
International Business Times Logo

Environmental groups to use Web to save rainforest

Environmental activists are taking to the Internet in a new bid to help save the world's rainforests with the help of major corporations including Starbucks Corp and Dell Inc.
International Business Times Logo

Starbucks, McDonald's carve coffee niches

When the dust from the great coffee war that wasn't settles, McDonald's and Starbucks will find that each plays on a slightly shifted field, but neither side has captured the spoils -- the other's customers.
International Business Times Logo

Starbucks to match 401k but health benefits costlier

Starbucks Corp will make discretionary matching contributions to 401 retirement plans for its 2009 plan year but employees will face higher health-care costs, Chief Executive Howard Schultz said in a memo to employees on Monday.
International Business Times Logo

Starbucks brews up profit beat

Starbucks Corp ground out an expectations-topping profit on Tuesday as the coffee chain began reaping rewards from slashing costs and closing stores, and its shares gained 9.9 percent.
International Business Times Logo

Starbucks turns profit in 3Q as revenue falls

Comparable store sales, also known as same-store sales, at Starbucks Corp. fell 5 percent in the company's third fiscal quarter, the coffee retailer said today.
International Business Times Logo

Starbucks profit tops view, focus on value

Starbucks Corp posted quarterly profit that just topped expectations on cost cuts and is planning a multimillion dollar advertising campaign challenging the view that its coffee is an expensive luxury.
International Business Times Logo

Starbucks CEO says on track to make savings

Starbucks Corp is on track to hit its target of $500 million in cost savings this fiscal year as the world's biggest coffee chain closes stores and sheds staff, its chief executive said at the company's annual shareholder meeting.
International Business Times Logo

Starbucks unveils Via instant coffee

an opportunity to reinvent a category, create new rituals and grow our customer base. Schultz said Via's target customer in the United States is the brewed coffee drinker. Overseas, the company aims to win over new instant coffee users and to steal market share from established brands such Nestle SA's Nescafe and Kraft Foods Inc's Sanka. The company already f...
International Business Times Logo

Starbucks restricts bonuses for executives

Top executives at Starbucks did not receive bonuses in 2008 and won't get any increases on their base salary in 2009 due to due to disappointing results for the company which has suffered in the wake of less consumer spending.

Pages

  • Prev
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • Next

IBT Spotlight

We Help Businesses Find B2B Service Providers They Can Trust.