Starbucks Vs. McDonald's Newsletter
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We're increasing our price target on Starbucks after CEO Brian Niccol shows signs of progress
29 Jan 2025 08:22 GMT
Starbucks reported better than expected quarterly results Tuesday evening — initially sending shares higher in choppy after-hours trading. Even though the company's same-store sales declined for the fourth straight quarter, early signs of progress on …
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Starbucks is Officially Done Letting Non-Paying Customers Use Their WiFi & Restrooms
15 Jan 2025 23:07 GMT
Stephen Chernin. Getty Images.
Restaurant Business - Customers will no longer be able to visit a Starbucks for the bathroom or the Internet without buying something.
But those who do buy something can stay as long as they want. And anybody—not just …
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How Starbucks, Disney, and other companies are reacting to the LA fires
15 Jan 2025 10:26 GMT
Companies are offering support to their employees and others affected by the Los Angeles wildfires.
The deadly flames have burned thousands of acres and sent hundreds of thousands fleeing.
From planning a benefit concert to serving free Happy Meals, here…
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Luckin Coffee: Hong Kong Expansion Faces Stiff Competition And Pricing Challenges
13 Jan 2025 07:21 GMT
Luckin Coffee's expansion into Hong Kong is unlikely to be a game changer due to strong local competition and lack of price advantage.
Hong Kong's competitive coffee market, with established brands like Starbucks, McDonald's, and Pacific Coffee …
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Major coffee chain closes second store in same state after 30-year-old spot axed weeks earlier
12 Jan 2025 20:06 GMT
STARBUCKS has shut down yet another location in California, closing its downtown San Jose store in the popular San Pedro Square.
The coffee shop at 145 W. Santa Clara Street brewed its final cup on January 5, marking the end of an era for a beloved spot.
2 …
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Competition in coffee chain market intensifies
09 Jan 2025 05:22 GMT
Visitors purchase coffee at a Starbucks booth during an exhibition in Beijing in December. [Photo/China Daily]
In a highly competitive coffee chain market, Starbucks China has expanded its focus from its traditional "third place" philosophy — …
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Starbucks Japan to switch to green plant-based straws
02 Jan 2025 22:25 GMT
Starbucks Coffee Japan Ltd will replace paper straws with plant-derived biomass alternatives at its outlets from this month, aiming to halve waste and emissions by 2030.
The major coffee chain operator plans to ramp up its initiative against microplastic …
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Analyst: Why Starbucks stock could be ripe for a 30% pop
02 Jan 2025 13:13 GMT
Starbucks (SBUX) shares could percolate later in 2025 as it brews up better financial performances under new CEO Brian Niccol after a challenging 2024, says long-time Starbucks watcher Peter Saleh. In Saleh's eyes, a focus by Niccol — who took over as …
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The world's most expensive airport where angry passenger paid £120 for a McDonald's
29 Dec 2024 06:58 GMT
Holidaymakers travelling to Turkey have been warned they may end up visiting the “dearest airport ever” with tourists put off.
Visitors to Dalaman International Airport in the south of Turkeyhave reported being charged over £10 for a pint of beer.
Others …
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Starbucks holiday drinks you can't find in the US ☕
26 Dec 2024 16:38 GMT
Starbucks' holiday menu this year saw the return of old favorites (like the Peppermint Mocha) and new drinks (like its line of Cran-Merry Refreshers).
But around the world, the coffee giant offered other tasty-looking beverages not available on U.S. …