Howard Schultz

Starbucks Reports Net Revenue of $4.2 bn in Q1, 2014

Starbucks Corporation has reported financial results for its 13-week fiscal first quarter ended December 29, 2013. Consolidated net revenues increased 12 percent to $4.2 billion in the first quarter of fiscal 2014, an increase of 12 percent over Q1...

Abhijeet Mitra, CEO, Ebony Gautier

-------------------------------------------------------------------------------------------------- First job: Junior Sales Executive at Indian Communications Network Limited Enduring memory from early career days: Selling 90-plus English typewrites worth Rs 50,000 each in a challenging and Hindi-dominated state. I achieved the highest zonal sales. This means that irrespective...

Starbucks profit climbs 34% on U.S. store traffic

Starbucks Corp. (SBUX), the world’s largest coffee-shop operator, said third-quarter profit rose 34 per cent as customer traffic increased in the U.S. Net income in the period ended July 3 climbed to $279.1 million, or 36 cents a share, from...

Starbucks reorganises business to drive global sales

Starbucks has unveiled a reorganisation of its global operations, as it moves ahead with plans to raise half of its revenues from outside the US.The US coffee giant, which currently gets 20 per cent of its revenues from overseas,...

Starbucks Q2 net revenues up 10 per cent

Starbucks, one of the world's largest coffee cafe chains, has posted a 10 per cent increase in net revenues at $2,785.7 mn for the second quarter ended April 3, 2011. The increase was driven primarily by a seven percent rise...

Starbucks celebrates 40 years in the coffee industry

Starbucks is celebrating 40 years of sourcing, roasting and serving the world's highest quality coffee this month by rolling out its new in-store look focusing on the iconic Siren, and a simultaneous global launch of handcrafted and artfully made...

Starbucks ties up with Tata Coffee; takes first step to enter India

Taking the first step towards entering the Indian market, US-based Starbucks, one of the largest coffeehouse chains in the world, has signed a non-binding memorandum of understanding (MoU) with Tata Coffee Ltd. The MoU will create avenues of collaboration...

Coffeehouse chain Starbucks expects $200 mn cost savings

International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official. "We were not immune to the deepening...

Coffeehouse chain Starbucks expects $200 mn cost saving

International coffeehouse chain, Starbucks stores sales has deteriorated by nine per cent in the US since the company’s first fiscal quarter that began at the end of September, said a top company official. "We were not immune to the deepening...
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Retail: What the industry says about Budget 2023

Reactions from industry captains on announcements in the current Budget that will have a bearing on retail businesses New Delhi: Union...
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