Starbucks has officially ventured into the entertainment industry with the launch of Starbucks Studios, marking its entry into Hollywood. This move places Starbucks alongside other major brands such as LVMH and Mailchimp, who are also exploring the production space. In a statement on Starbucks’ website, Christy Cain, the vice president of brand and partnerships marketing,…
Starbucks Coffee has opened a new coffee shop in the centre of Bristol, offering a fresh spot for coffee enthusiasts in the bustling city. The new branch, strategically located near the Bristol Hippodrome and the Drawbridge pub on St Augustine’s Parade, officially opened its doors today (June 12). Situated at the former site of the…
Brazilian restaurant chain operator Zamp has agreed to buy the rights to operate the Starbucks brand and some stores in the South American country, it said on Thursday, sending its shares soaring. Zamp, which is controlled by Abu Dhabi state investor Mubadala, operates Burger King and Popeyes restaurants in Latin America’s largest economy, and had…
Although Starbucks is the world’s largest coffee chain—even bigger than Dunkin’!—generating billions of dollars in revenue yearly, it’s always looking for ways to improve. Known for its delicious coffee, cold drinks, sweet treats, and savory snacks, the Seattle-founded brand has undergone many changes in recent years. For example, in 2023, it introduced new ice and upgraded drink toppings…
In South Korea, Starbucks is proving that sometimes the best one for a job isn’t a human. In fact, a small army of robots is a better option. Only two humans are enough to make you the best coffee and to make sure these robots don’t start a coffee uprising! As the two baristas prepare…
Here’s a first look inside Altrincham’s new Starbucks, which has opened in the Stamford Quarter’s Foundation building today. The new 1,708 sq ft cafe is located on the ground floor, at one end of Stamford Square opposite Poundland. It had originally been scheduled to open last month but with Stamford Square now fully resurfaced and the gateway…
As of March, Starbucks has classified nearly 16 percent of its 38,587 cafes worldwide as “Greener Stores,” marking a significant stride towards sustainability. These locations adhere to rigorous standards for waste, energy, and water savings, reflecting Starbucks’ ongoing dedication to environmental responsibility. This number represents a substantial increase from April 2023 and brings the company…
Shares of Starbucks fell nearly 14% before the bell on Wednesday, after the coffee chain cut its annual forecasts on persistent weak demand in the United States from inflation-weary customers and a slower-than-expected recovery in China. Several quarters of price hikes have forced customers to ditch cafes and restaurants and instead drink coffee at home,…
Innovation is in the air at Starbucks with a new line of boba-style drinks coming this summer. While the company itself hasn’t officially confirmed any details yet, CEO Laxman Narasimhan confirmed the impending arrival of the new products, which have been an ongoing rumor around Starbucks, during an earnings call on Tuesday. “For summer, we are launching…
Starbucks is making changes to improve guests’ coffee shop experience. The company is working on reducing noise inside its stores and enhancing accessibility for all customers. To tackle the noise issue, Starbucks plans to install acoustic dampening baffles or foams in the ceilings of new U.S. locations and about 1,000 renovated stores. This change aims to…