First look: Starbucks, Stamford Square, Foundation, Altrincham

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 …

Starbucks’ Commitment to Sustainability: The Greener Stores Initiative

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 …

Starbucks shares tumble as China, US demand slowdown clouds outlook

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, …

Starbucks’ CEO Confirms New Boba-Like Drinks Are Launching This Summer

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 …

Is Starbucks’ Focus on Store Ambiance a Sign of Future Trends?

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 …