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The Latest Breaking News from Brian Niccol

Starbucks is the latest Western brand to change tactics in China

Now the CEO can devote more time to turning around Starbucks’ U.S. business.

Fortune

Is Starbucks Quietly Setting Up for a Major 2026 Comeback?

Starbucks' turnaround is gaining traction and setting the business up for profitable growth in 2026. Analysts and institutional trends reveal optimism.

MarketBeat

'Back to Starbucks' Pays Off: Coffee Giant Posts First Sales Growth in 7 Quarters After Year of Store Closures

Starbucks credits the progress of its 'Back to Starbucks' strategy for its first global comparable sales growth in seven quarters during Q4 FY2025.

International Business Times UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Starbucks workers hold strike vote amid anger over pay and conditions

Union says world’s largest coffee chain engaged in bad faith bargaining and stonewalled over contract

The Guardian - US

Starbucks halts 2-year sales slide, but costly improvements hurt its profits

Starbucks halted a long sales slide in its fiscal fourth quarter as fall drinks and improved service brought customers back to its stores

The Independent UK

Starbucks Unveils AI Barista That Could One Day Predict Your Coffee Order

Starbucks has launched 'Green Dot Assist', a generative-AI assistant for baristas designed to streamline operations today and one day anticipate your latte by name.

International Business Times UK

McDonald’s CEO Chris Kempczinski reveals how often he eats at the fast-food chain

“Sometimes it might be a breakfast. Sometimes it might be a lunch. But hey, one of the perks of the job—you get to eat at McDonald’s a lot.”

Fortune

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Starbucks CEO reveals a 'secret AI barista' that assists with making coffee in real time—and may one day predict your order

Brian Niccol wants to make Starbucks the "world's greatest customer service company again" and he wants AI to help solve the "chaos" of ordering.

Fortune

Starbucks Brews A Turnaround, But Investors Want A Stronger Roast: CEO Says 'The Stock Will...' (UPDATED)

Editor's Note: This article has been updated to include a statement from a Starbucks spokesperson.

Benzinga

Starbucks wants you to stay awhile – but shuttering its mobile-only pickup locations could be a risky move

When Starbucks announced that it would phase out its mobile-order pickup-only locations beginning in 2026, it raised a question: Why abandon a format seemingly built for speed and efficiency?

The Conversation

Café Culture Revival? 3 Stocks to Watch After Chick-fil-A’s Move

Chick-fil-A’s new Daybright café concept could reignite interest in beverage-driven dining; here are three restaurant stocks investors should watch

MarketBeat

Starbucks Stock Slumps; This Competitor Shows Strength

Starbucks is struggling this year, and its new strategic plan looks unlikely to fix its systemic issues. One competitor is offering investors better prospects.

MarketBeat

‘I would’ve went home with an espresso machine’: Starbucks barista says they were asked to clean out entire store. They were all laid off an hour later

A recently fired Starbucks employee posted a video detailing her last day. The only problem? She didn’t know when she went to her local store that she wouldn’t have a job within hours of arriving.

The Mary Sue

Starbucks Stores Closing Explained: List of Closing Stores and Why They're Shutting Down

Starbucks is closing hundreds of stores in 2025. Find out why stores are shutting down, which locations are affected, and the latest closure list updates.

International Business Times UK

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The Independent UK

A tall order: Can Starbucks, once the king of the high street, return to its glory days?

LET’S UNPACK THAT: As the multi-billion-dollar coffee chain announces the closure of some UK stores and the loss of 900 jobs in the US, Ellie Muir looks at the company’s fall from grace, from changing consumer tastes to political boycotts

International Business Times UK

Starbucks in Trouble? $1 Billion Gamble, Store Closures, and Mass Layoffs Raise Questions - What's Going On?

Starbucks shutters 430 stores, cuts 1,900 jobs, and spends £820 million to fix declining profits and poor customer experience.

International Business Times

Starbucks to Close Underperforming Stores, Cut 900 Jobs in $1 Billion Overhaul

Starbucks is closing hundreds of stores and cutting 900 jobs as part of a $1 billion plan to improve its business.

Fortune

Starbucks continues to cut corporate jobs in turnaround bid: ‘Many are cost centers, not revenue producers,’ says expert

The company will eliminate about 900 more non-retail partner roles and many open positions.

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news in one place.

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International Business Times UK

Is the New Starbucks CEO Failing? He Just Axed 900 Workers While Splurging on 'Cozier Chairs'

Starbucks CEO Brian Niccol is under scrutiny after axing 900 jobs and closing stores while pouring $1bn into café renovations, sparking union backlash and investor questions about the company's strategy.

Fortune

Starbucks chases Gen Z nostalgia, betting $1 billion on plan to bring back the ‘third place’

The Starbucks workers’ union is not happy with the plan, which also includes store closures and hundreds of layoffs.

The Guardian - US

Starbucks to cut 900 jobs and close dozens of North American stores as sales struggle

Restructuring comes after six quarters of falling sales and growing pressure from unions over working conditions

The Independent UK

Starbucks to close stores and lay off hundreds of staff in $1 billion restructure

Starbucks CEO Brian Niccol said employees affected by the latest layoffs will receive ‘generous’ severance packages

Evening Standard

Starbucks to close some UK coffee shops amid global cuts

The US coffee chain has launched a consultation over the proposed closures, putting jobs at risk, but has not revealed how many stores may be shut.

Benzinga

China's Luckin Coffee Is Racing Past Starbucks As Nationalist Sentiment, Soaring Store Counts, Triple-Digit Profit Growth Leave US Giant Scrambling

Coffeehouse chain Starbucks Corp. (NASDAQ: SBUX) is facing stiff competition in China, and its stock remains under pressure, marking a sharp divergence from its China-based arch-rival, Luckin Coffee Inc. (OTC: LKNCY), which has been soaring and hitting new highs throughout this past year.

Axios

Starbucks to close stores, cut 900 jobs in $1 billion restructuring

The company did not say how many stores it planned to close.

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People

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Starbucks Corp

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