Starbucks News

Brian Niccol became Starbucks CEO in August 2024. He had a special travel setup that let him fly to Seattle on a corporate jet as long as he worked from the office at least three days a week. This arrangement matched the company’s then-flexible hybrid work policy. 

Niccol’s employment deal includes access to a corporate jet for his daily travel.

Starbucks, the coffee giant, has made this decision to revive flagging sales and appease outside investors. 

Zomato’s marketing head shared the film where Mishquat’s mother is seen fuming when she discovers just how much her daughter has spent on her daily coffee habit.

Laxman Narasimhan rose from consultancy at McKinsey to lead global giants like PepsiCo and Reckitt, before taking the helm at Starbucks, known for his operational expertise and turnarounds.    

In his tweet, Mittal shared, stating, “Aaj realize hua that Starbucks is not a coffee chain. It’s a v.high sugar dessert store with laced caffeine … lethal combo."

Consumers complained that Starbucks' Mango Dragonfruit, Mango Dragonfruit Lemonade, Pineapple Passionfruit, Pineapple Passionfruit Lemonade, Strawberry Açai and Strawberry Açai Lemonade Refreshers contained none of the advertised mango, passion fruit or açai.

A Twitter user wrote, “Sitting at Starbucks - coffee for 400. Zomato discount for same coffee 190. Ordered Zomato with address of Starbucks.

To guarantee that only the highest-quality materials are used in every cup, the company sources its tea and coffee from Assamese gardens. In May 2019, the company unveiled its first product and agreed to purchase six machines from Ahmedabad-based IT company Einfochips Pvt Ltd. In September, the second significant contract was secured. There hasn't been any turning back since that time.

Following the global search for the new leader of Starbucks to succeed company founder and now former CEO, Howard Schultz, Narasimhan joined Starbucks as incoming CEO on October 1, 2022 after relocating from London to the Seattle area.

The menu will also include street-style sandwiches, milkshakes, bite-sized munchies, and a smaller beverage cup. It will be tested in four markets: Bengaluru, Gurgaon, Bhopal, and Indore. Starbucks, on the other hand, already has chole paneer kulcha and turmeric latte on its menu.

However, it did not specify the net loss for FY22. The company now has 268 stores across 26 cities. Formed in 2012, Tata Starbucks is a 50:50 JV between Starbucks and Tata Consumer Products Ltd.

Many companies already adorn professional stadiums and arenas. Naming rights agreements often run for decades and can cost several or tens of millions of dollars annually. The U.S. Patent and Trademark Office plans by early September to assign a lawyer to review Starbucks` application.

Former Starbucks Corp chief executive Howard Schultz has abandoned plans for an independent presidential run, saying he did not want to split the electorate and help re-elect US President Donald Trump in 2020, according to a statement on his website.

The cup was placed in front of Daenerys Targaryen, essayed by Emilia Clarke, during a banquet scene.

Coca Cola has paid big bucks to buy coffee chain Costa in a bid to increase presence in healthy beverage segment.

Anti-bias training is intended to get participants to recognise their own unconscious biases and avoid unintentional discrimination.

Starbucks has seen rapid expansion in China, where it opened its first cafe 17 years ago. By 2011, the company had 400 outlets while today it has nearly 600 in Shanghai alone. The company plans to close 379 Teavana tea shops due to poor performance, it said.

Tata Starbucks Private Limited on Wednesday introduced the Starbucks® India mobile app across the country, giving customers a fast and convenient way to pay for in-store purchases and earn Stars through the loyalty program using their mobile device.

Others in the top ten include Berkshire Hathaway, Disney, Alphabet, General Electric, Southwest Airlines, Facebook and Microsoft.