Cherryh Cansler is VP of Events for Networld Media Group and publisher of FastCasual.com. She has been covering the restaurant industry since 2012. Her byline has appeared in Forbes, The Kansas City Star and American Fitness magazine, among many others.
by Cherryh Cansler — Editor, FastCasual.com
August 3, 2023
The cold business at Starbucks is hotter than ever as sales of unheated drinks reached 75% of U.S. beverage sales during the chain's third quarter, which ended…
read nowby Cherryh Cansler — Editor, FastCasual.com
May 3, 2023
Starbucks CEO Laxman Narasimhan said the chain was focused on advancing technology, enhancing equipment, and streamlining operations.
read nowby Cherryh Cansler — Editor, FastCasual.com
February 3, 2023
Although Starbucks reported Thursday that Q1 same-store sales grew in the U.S. by 10%, China's lower-than-expected performance left the coffee giant 2 cents…
read nowby Cherryh Cansler — Editor, FastCasual.com
Cold coffee beverages accounted for nearly 80% of total beverage sales in U.S company-operated stores, and the pumpkin spice platform was up 17%.
read nowby Cherryh Cansler — Editor, FastCasual.com
August 3, 2022
Inflation, increased labor costs, unionization efforts and a hit to the Chinese arm of the business did not keep Starbucks from beating Wall Street…
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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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Starbucks reported Thursday that Q4 revenue fell short of expectations, thanks to a 7% drop in same-store sales in China.
read nowby 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.
read nowby 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…
read nowby Cherryh Cansler — Editor, FastCasual.com
Although sales fell short of Wall Street's expectations, Q1 earnings of 61 cents per share topped estimates of 55 cents per share but declined 22.8…
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