Starbucks franchise operators across the Middle East and Southeast Asia are losing significant business amid boycotts linked to the Israel-Hamas war, and at least one has started laying off employees.

Gulf retail giant AlShaya Group, known for its Starbucks Corp (NASDAQ:SBUX) franchise in the Middle East, is reportedly set to lay off more than 2,000 employees due to business setbacks linked to Gaza ...

A Gulf retailer that operates Starbucks in the Middle East is planning layoffs as the coffee giant takes hits related to the Israel-Hamas war, according to a Tuesday report. The Kuwait-based AlShaya ...

DUBAI, March 5 (Reuters) - Gulf retail giant AlShaya Group, which owns the rights to operate Starbucks in the Middle East, plans to lay off over 2,000 people as the business suffers from consumer ...

Alshaya Group, a franchise operator that owns the rights to operate licensed Starbucks stores in the Middle East and North African regions, announced it will lay off over 2,000 people as the business ...

Starbucks is a well-known company with a presence all over the world. Founded in 1971, it is facing a period of change, especially with the decision to sell its stake in the second most profitable ...

BOGOTA (Reuters) - Colombian processed food company Nutresa said it sold its 30% stake in the country's Starbucks franchise operator to a unit of Mexican restaurant chain Alsea. In a statement on ...