Amid declining sales, former Starbucks CEO Howard Schultz is urging employees to support the company’s new leadership and ...

Luckin overtook Starbucks as China’s largest coffee chain by store count and revenue two years ago. The company is now challenging its US rival on home turf.

Starbucks decided to sunset its mobile order and pickup-only concept in fiscal 2026 following an evaluation of its North ...

To be sure, Starbucks' challenges aren’t unique. Indeed, most companies experiencing the kind of success it has experienced ...

Starbucks is planning to phase out all of its “Pick Up” locations in 2026, CEO Brian Niccol announced in the company’s latest earnings call.

CEO Brian Niccol has signalled that he intends to recapture the unique coffeehouse intimacy that was integral to the first ...

As part of the "Back to Starbucks" campaign, CEO Brian Niccol revealed the company will be closing up to 90 locations that ...

They include low double-digit percentage same-store sales growth at college locations, improved transaction trends in the US ...