Starbucks union authorizes open-ended strike
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Starbucks notches surprise same-store sales gain, but Wall Street wants more specifics on the future
Starbucks put up its first quarterly same-store sales gain in nearly two years, helped by better morning staffing and new protein drinks. But the coffee chain warned its turnaround would be a “multiyear” effort,
Google has launched a new digital gift card shop within the Play Store, allowing users to purchase and send gift cards from a wide range of popular brands. And it’s not just about Play Store credits, the new store includes gift cards from companies such as Disney, Adidas, AMC, Starbucks, American Eagle, Athleta, and many others.
Starbucks first arrived in China, the world’s second-largest economy, to exceptional fanfare in 1999. The brand, a symbol of U.S. influence in the country, rapidly grew to the point where a new store was opening a new store every 15 hours, according to CNBC.
Starbucks is forming a joint venture with Chinese investment firm Boyu Capital to operate Starbucks stores in China.