If you went to Starbucks on Friday and failed to get one of its reusable red cups, you were not alone. And if you tried to get on to its app to order a drink and found yourself locked out, you were not alone, either. A number of customers across the United States complained on … Continue reading Starbucks’ Holiday Cup Offer Gets Off To A Crashing Start – Micheline Maynard
Category: Starbucks/Costa News
Activist Investor Bill Ackman Takes $900 Million Stake In Starbucks – Maggie McGrath
Bill Ackman, the activist investor who took on Chipotle in 2016, revealed Tuesday afternoon that he has turned his attention to the biggest coffee chain in the world. Ackman's hedge fund, Pershing Square Capital, has taken a roughly $900 million stake in Starbucks. Ackman unveiled the 15 million-share position—a roughly 1.1% stake—at Grant’s Interest Rate … Continue reading Activist Investor Bill Ackman Takes $900 Million Stake In Starbucks – Maggie McGrath
Starbucks commits to 10,000 ‘Greener Stores’ by 2025 – Olivia Minnock
Starbucks has announced an initiative to design, build and operate 10,000 ‘Greener Stores’ globally by 2025, with wider aims to help the wider retail industry operate more sustainably. The ‘Starbucks Greener Stores’ framework is being set up to outline comprehensive performance criteria so that the design, building and operation of Starbucks’ locations will set new … Continue reading Starbucks commits to 10,000 ‘Greener Stores’ by 2025 – Olivia Minnock
Was Starbucks’ Racial Bias Training Effective? Here’s What These Employees Thought
One Northern California-based Starbucks barista said she contemplated leaving her job after the controversial arrest last month of two black men sitting at a Philadelphia location of the coffee chain for several minutes without having purchased anything. That employee, an African-American woman who asked TIME to remain anonymous due to concerns of losing her job, … Continue reading Was Starbucks’ Racial Bias Training Effective? Here’s What These Employees Thought
Starbucks Is Now Open for Loitering and It’s a Terrible Business Decision – Gene Marks
Starbucks, in an effort to walk back from the recent bad press it received, has just made a terrible business decision. Did you catch it? According other reports, the company, in a letter to its employees this past weekend, said that “any person who enters our spaces, including patios, cafes and restrooms, regardless of whether … Continue reading Starbucks Is Now Open for Loitering and It’s a Terrible Business Decision – Gene Marks