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Starbucks Promotes Rachel Ruggeri to CFO as Pat Grismer Retires, Reiterates Outlook
Ruggeri will be CFO when Grismer retires on Feb. 1.
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Starbucks Shares Jump as Coffee Chain Predicts Strong Rebound Next Year
Starbucks said Wednesday that it expects to hit its long-term growth targets in 2023 and 2024, with adjusted earnings per share growth of 10% to 12%.
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Starbucks Will Launch Shaken Iced Espresso This Spring as Cold Drinks Drive Sales
Starbucks will introduce a shaken iced espresso this spring to bring customers back to its cafes.
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After Starbucks' Record Rally, Trader Says Sell Strength Into Year-End
Starbucks kicked off its investor day Wednesday in good shape, but Mark Newton of Newton Advisors is warning of stock weakness in 2021.
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Starbucks Raises Wages for Baristas as Restaurant Industry Braces for Minimum Wage Hike
Starbucks is raising hourly wages for its baristas by at least 10%.
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Police Arrest Woman Involved in Racist Incident at Norwich Starbucks
Police arrested a woman on Monday after investigating a racist incident at a Starbucks in Norwich last week. A confrontation between two women in a Norwich Starbucks drive-thru ended in a racist incident Tuesday morning. Holly Chalifoux, 22, of Moosup, was arrested after police received a walk-in complaint from Marcela Lee. She claimed that she was intimidated based on her…
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Norwich Woman Thanks Starbucks Workers For Support After Racist Incident
A confrontation between two women in a Norwich Starbucks drive-thru ended in a racist incident Tuesday morning. Marcela Lee, a black woman who was buying her breakfast at Starbucks, said that a white woman behind her in line started revving her engine and yelling at Lee that she was late for work. What happens next was captured on a Facebook…
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Woman Returns to Starbucks to Thank Employees for Support During Racial Incident
A woman attacked with a racial slur at a Norwich Starbucks returned to the location to thank the employees there for their support
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Norwich Woman Thanks Workers for Support After Racist Incident
A woman in Norwich wanted to thank the Starbucks workers who supported her after witnessing another woman call her a racist slur.
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Starbucks Increases Brewed Coffee Price at Most US Locations
That Starbucks habit has gotten a little more expensive. Starbucks said Thursday it has raised the price of a regular drip coffee by 10 cents to 20 cents in most U.S. stores, putting a small brewed coffee at $1.95 to $2.15 in most locations. The company said prices haven’t changed on drinks such as lattes and iced coffees in most stores.
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Starbucks Increases Brewed Coffee Price at Most US Locations
That Starbucks habit has gotten a little more expensive. Starbucks said Thursday it has raised the price of a regular drip coffee by 10 cents to 20 cents in most U.S. stores, putting a small brewed coffee at $1.95 to $2.15 in most locations. The company said prices haven’t changed on drinks such as lattes and iced coffees in most stores.
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Starbucks Products in Grocery Stores to Be Sold by Nestle After $7.15 Billion Deal
Nestle is paying more than $7 billion to handle global retail sales of Starbucks’s coffee and tea outside of its coffee shops. The deal comes with a huge price tag for Nestle, but it could pay off big for the Swiss company. Its Nescafe and Nespresso don’t carry anywhere near the heft in America that Starbucks brand does, with its...
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'Project Runway' Fashion Designer Mychael Knight Dies at 39
Georgia fashion designer Mychael Knight, who was a finalist on the popular TV competition show “Project Runway,” died Tuesday at age 39.
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Starbucks Unveils Colorful Spring Coffee Cups
Spring is almost here, and Starbucks is getting into the spirit by unveiling spring coffee cups for the first time.
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Snowflakes, Santa Are Back on Starbucks Holiday Cups
Starbucks is unveiling its holiday coffee cups for this year and appears to be bringing back snowflakes, candy canes and other holiday symbols, after last year’s more subdued red cups caused an uproar from critics who said the chain was part of a so-called war on Christmas. On Nov. 10, the coffee chain will use 13 different designs created by...
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Starbucks Moves Into ‘Content Creation' With Digital Series
Starbucks is venturing into the world of “content creation” with stories it says will help balance the “cynicism” fueling media coverage of the presidential election. The coffee chain, which is known for chiming in on social issues, says it’s positioned to give its Upstanders series about inspiring Americans a big stage through its popular mobile app.
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Starbucks Rolls Out New Rewards Program
Starbucks has changed the terms of its rewards program so that people who spend around $5 or less per visit won’t get as many freebies. Changes to the loyalty program took effect Tuesday. According to the Seattle-based coffee chain, stars are now awarded based on dollars spent instead of number of visits. Members receive two stars per $1 spent, as...
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Starbucks Changes Rewards Program; Small Spenders Lose
Starbucks is changing the terms of its rewards program so that people who spend around $5 or less per visit won’t get as many freebies....
The Seattle-based coffee chain says its loyalty program will award stars based on the dollars spent starting in April. Currently, people earn a star for each transaction, regardless of how much they spend, and get a... -
Trump Roasts Starbucks For Red Coffee Cup
Republican presidential candidate Donald Trump criticized Starbucks for not having the words “Merry Christmas” on the cup. Even though Starbucks hasn’t printed those words on the cups for several years, the two-toned, minimalist red coffee cup instead of the usual designs of snowflakes and ornaments led to some expressing their anger on social media.
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Starbucks to Offer Wireless Charging Pads
Soon you may not have to fumble or fight for a power outlet to charge your phone at your neighborhood Starbucks.