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Starbucks News & Media

Frictionless payment: Are amusements leading or following today’s consumer?

by Kevin Williams

The move towards e-payment and contactless connectivity of facility management has accelerated at an amazing pace since the start of the pandemic.

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Starbucks to introduce Clover Vertica single-cup brewers

March 17, 2022

Starbucks will begin deploying the Clover Vertica single-cup brewer to its stores beginning this year, the company announced at its recent annual meeting.

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Starbucks names Howard Schultz interim CEO

March 16, 2022

Starbucks CEO and President Kevin Johnson is retiring after a 13-year tenure at the company, including the last five years as CEO, according to a company press…

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Nestlé to build Arizona beverage plant, add 350 jobs

March 9, 2022

Nestlé USA announced a $675 million investment to build a new beverage facility in Glendale, Arizona, according to a press release.

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Coca-Cola, PepsiCo and Starbucks suspend business in Russia

March 9, 2022

Coca-Cola Co., PepsiCo and Starbucks have joined the list of companies suspending business in Russia in the wake of the invasion of Ukraine, according to an…

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Selecta Group teams with Thermoplan to support Starbucks solutions

February 28, 2022

Selecta Group, the Switzerland based route service provider of coffee and convenience food solutions, has teamed with Thermoplan Inc., a producer of fully…

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Waka Coffee & Tea raises $725,000 to boost instant coffee and tea

February 16, 2022

Waka Coffee & Tea, a provider of instant coffee and tea, closed a $725,000 pre-seed round from industry veterans and investors to further accelerate its…

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Starbucks' Q1 miss triggering price increases

by Cherryh Cansler — Editor, FastCasual.com

February 2, 2022

Starbucks is raising prices thanks to high inflation, supply chain issues, COVID-19 resurgences and labor shortages, CEO Kevin Johnson said Tuesday during the…

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Chinese equity firm gains control of Luckin Coffee

January 31, 2022

Centurium Capital, a private equity investment firm in China, has become the controlling shareholder of Luckin Coffee, having led a consortium to complete a…

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Starbucks and Amazon open combined ‘Just Walk Out’ store in NYC

November 19, 2021

Starbucks and Amazon have introduced the companies' first joint store, Starbucks Pickup with Amazon Go, located in New York City at 59th Street between Park…

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Amazon, Starbucks mulling cashierless store?

November 9, 2021

Amazon and Starbucks have reportedly discussed a co-branded, cashierless coffee shop, expanding on Amazon Go's "just walk out" technology, according to an…

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Starbucks: 'Pandemic to blame for disappointing China sales'

by Cherryh Cansler — Editor, FastCasual.com

Starbucks reported Thursday that Q4 revenue fell short of expectations, thanks to a 7% drop in same-store sales in China.

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Cold drinks drive Starbucks global growth, CEO defends China

by Cherryh Cansler — Editor, FastCasual.com

Overall, Starbucks had a solid Q3, but Johnson defended the company's lower-than-expected numbers in China, calling the health of the business there strong.

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Starbucks, Nestle advance global collaboration strategy

July 27, 2021

Starbucks and Nestle are aiming to bring Starbucks ready-to-drink beverages to Southeast Asia, Oceania and Latin America.

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Starbucks promotes Culver, Conway, Burns to leadership roles

June 16, 2021

Starbucks Corp. has promoted John Culver, who has led the international division for 15 years, to group president, North America, according to a press release.

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Nuzee names CMO

May 3, 2021

Tomoko Toyota Nuzee Inc. a U.S. producer and co-packer of single-serve pourover coffee pouches and pourover drip cups, has named Tomoko Toyota as its…

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Super Coffee taps Rosanna Godden as CFO

April 29, 2021

Super Coffee, the third leading bottled coffee brand in the US, behind Starbucks and Dunkin', has named Rosanna Godden chief financial officer and board…

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Starbucks CEO: 'US sales have fully recovered'

by Cherryh Cansler — Editor, FastCasual.com

Starbucks CEO Kevin Johnson not only outlined the five consumer behaviors driving the chain's strategy but also revealed how artificial intelligence and store…

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Nestle Professional to deploy anti-viral screen protection on coffee machines

March 29, 2021

Nestlé Professional will deploy anti-viral and anti-bacterial self-disinfecting screen protectors for its out of home coffee machines, according to a press…

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Nestle to offer touchless coffee machines, new coffee products

March 22, 2021

Nestle SA plans to introduce touchless coffee machines along with new coffee products as it seeks to win over consumers looking to spice up their at-home…

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