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Starbucks announces strategic priorities and operational initiatives to accelerate growth and create long-term shareholder value

Starbucks Corporation has announced a set of strategic priorities and corresponding operational initiatives to accelerate growth and create long-term shareholder value.Starbucks details three strategic priorities to regain revenue and earnings momentum:- Accelerating growth in the U.S. and China, the...

Starbucks chief Howard Schultz leaves firm after 36 years

Starbucks Executive Chairman Howard Schultz, who oversaw the growth of the coffee chain into a global powerhouse, has said he is quitting the company after nearly four decades.Schultz, who retired as Chief Executive last year, is to relinquish his...

Starbucks US outlets temporarily shutting down for anti-bias training

Starbucks will temporarily shut down about 8,000 company-owned locations across the US on Tuesday to offer 175,000 employees mandatory anti-bias training.Participating stores will close around 2 p.m. to 3 p.m., reports CNN. However, the outlets in hotels, grocery stores...

Nestlé enters agreement for the perpetual global license of Starbucks consumer and foodservice products

Nestlé has announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company's coffee shops.This transaction provides Nestlé with a strong platform for continued growth in North America with leadership...

Starbucks to shut US stores for racial-bias training

Starbucks announced on Tuesday that it will close all its company-owned stores in the US for the afternoon on May 29 to train employees how to prevent racial discrimination in their stores.In the wake of outrage over the arrest...

Tata Starbucks opens 24 new stores in India

Tata Starbucks, a 50:50 joint venture between coffee store chain Starbucks and Tata Global Beverages, is opening 24 stores across cities in India to take the total number of stores to 115 by the end of this fiscal, an...

Starbucks first store in Jamaica honors country’s rich heritage

Starbucks today opened its first store in Jamaica and entered its 76th market globally, marking a historic milestone for the global coffee company’s Caribbean operations and its storied history of sourcing the highest quality coffee from the region going...

Starbucks to sell tepid Tazo tea brand to Unilever for US $384 million

Coffee shop chain Starbucks said on Thursday it will sell its Tazo tea brand to Unilever for $384m to focus on its Teavana line, amid disappointing quarterly results. “With our growth strategy for premium tea exclusively focused on Teavana, we...

DLF Promenade has performed beyond our expectations, says DLF Premium Malls' Pushpa Bector

Pushpa Bector is Executive Vice President and Head – DLF Premium Malls, which comprises of five properties across Delhi NCR and Chandigarh namely, DLF Mall of India, India’s first and largest destination mall, DLF Promenade, DLF Place, DLF CyberHub,...

Airports – The Next Battleground For Retailers In India?

Given the increasing number of air passengers every year in India and a crunch for quality retail space being faced by many foreign and domestic retailers across metros, airports are emerging as the next battleground for retailers. Following in...
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LoveChild by Masaba joins forces with Shoppers Stop Beauty

LoveChild launched latest its shop-in-shop at Shoppers Stop, R City Mall, GhatkoparBengaluru: Beauty brand LoveChild by Indian fashion designer...
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