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Starbucks Tells Employees To Work Reduced Hours Or Take Unpaid Leaves, As Demand Falls Despite Post-Lockdown Ease
Tuesday, June 2, 2020 - 1:00am | 287Starbucks Corporation (NASDAQ: SBUX) has told employees it is further reducing working hours to match reduced demand, even as coronavirus lockdowns are eased, the Wall Street Journal reported Monday. What Happened The coffee chain company said employees could either choose to work...
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Out Of Many, One: Starbucks Still A Standout In The Coffee Market
Monday, May 15, 2017 - 12:01pm | 419The competitive landscape within the retail coffee business is certainly set to intensify after JAB Holdings, the parent company of multiple coffee brands, acquired Panera Bread to build its retail presence across the U.S. Despite the competitive landscape, analysts at Deutsche Bank still see...
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Starbucks' Teavana Shows Troubling Metrics
Friday, April 28, 2017 - 12:07pm | 393Many retailers are seeing sales negatively impacted by declining mall traffic trends. On Friday, investors add another retailer to the growing list of those struggling in the current environment: Starbucks Corporation (NASDAQ: SBUX)'s chain of Teavana stores. Speaking to CNBC on Friday morning,...
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Starbucks To Crush McDonald's This Year?
Tuesday, January 3, 2017 - 4:26pm | 238McDonald's Corporation (NYSE: MCD) is the world's most valuable restaurant company with a valuation just shy of $100 billion. However, according to Mark Kalinowski of Nomura, McDonald's will eventually be dropped to second place. The victor? Starbucks Corporation (NASDAQ: SBUX). In...
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Vetr Crowd Loves Starbucks' Stock
Friday, December 4, 2015 - 12:41pm | 345Shares of Starbucks Corporation (NASDAQ: SBUX) are higher by nearly 50 percent over the past year. Despite the relative outperformance compared to the broader indices over the past year, the Vetr crowd upgraded their crowd-sourced rating to 4.5 stars out of a possible five. The Vetr's...