Starbucks plans to open 500 new stores in the Middle East and "many more thousands" in China, said Brian Niccol, the ...
Starbucks (NASDAQ: SBUX) is a double-edged sword for investors right now. Shares have been on a run thus far in 2025, and the ...
China. Starbucks is cutting nearly a third of its menu. During the coffee chain’s earnings call on Tuesday, Jan. 28, CEO Brian Niccol announced a “roughly 30% reduction in both beverages and ...
Starbucks also pulled back on discounts during the quarter, Niccol said. Niccol said he recently visited China, Starbucks' second-largest market, where sales have been hampered by lower-cost ...
The week started with much concern from businesses and consumers about the potential impacts of tariffs planned by the Trump ...
DAYTON, Ohio (WDTN) — Just like its cafes, Starbucks’ menu is set to undergo a major ... pulled back on their spending and customers in China flocked to lower-priced rivals.
but cutting the food menu would hurt overall revenue even if it cut down on expenses. It seems too early to dive in on this one. Investors will need to see more, even though Starbucks now has a ...