Starbucks takes $3 billion hit to revenue during pandemic
Starbucks took a virus-related revenue hit potentially exceeding $3 billion in its third quarter.
Starbucks transforming stores for post-coronavirus world: Here's what to expect
Hundreds of Starbucks stores are getting new customer service options or formats over the next 18 months.
Starbucks puts $1M toward racial equality grants after George Floyd killing
Grant recipients were nominated by Starbucks partners with input from civil rights leaders.
Local Starbucks leaders can close stores, reduce hours if necessary amid looting
Starbucks stores in several cities, including Seattle, Los Angeles and Philadelphia, were looted or damaged in recent days.
George Floyd killing has Starbucks, JPMorgan, AT&T addressing racial injustice
Starbucks CEO Kevin Johnson reached out to employee partners in a memo over the weekend as tensions escalated across the nation.
Starbucks landlords ‘astounded’ by company’s coronavirus rent reduction request
Landlords are not happy with Starbuck's rent relief relief request in the height of the coronavirus.
Starbucks offers coronavirus leave of absence program for employees with reduced hours
Workers who choose to enter the program will have their health care premiums covered in full by Starbucks through Sept. 30.
Starbucks tempts customers with menu tweaks after coronavirus restrictions
The new Iced Guava Passionfruit Drink will join other seasonal items on the menu this summer as the coffee giant continues to reopen stores under modified operations and hours.
Landlords fume as Starbucks, other chains seek extended rent cuts
A growing number of national restaurant chains are asking for rent reductions, even as businesses start to reopen, and landlords are privately fuming over such requests.
Coronavirus prompts Starbucks to seek rent relief from store landlords
Starbucks is seeking rent breaks as it ramps up U.S. store reopening following weeks of limited operation.
Luckin Coffee fires CEO, COO after fraud investigation
Luckin Coffee has fired its CEO and COO after its fraud scandal.
Starbucks reopening 85% of stores as coronavirus lockdowns ease
The coffee giant hopes to have upwards of 90 percent of its stores open to the public by early June, under modified operations and hours.
Starbucks gradually opens cafes with coronavirus safety measures in place
The company is implementing what it calls a "monitor and adapt" phase where it will reopen various cafes with numerous safety precautions in place.
Starbucks to reopen coronavirus-closed stores for to-go service in May
Some essential businesses operating in the outbreak have employed safety measures including regular health screenings and requiring workers to wear face masks.
Coronavirus hurts Starbucks sales as coffee giant eyes reopening
US same-store sales dropped 3 percent as the pandemic limited store operations.
Coronavirus PPP loans are 'short term band-aid,' former Starbucks CEO says
Schultz said the government's Payroll Protection Program is only a short term fix and isn't enough to keep small businesses open for the long-haul after the pandemic subsides.
Starbucks assists Operation Gratitude in sending over 60K coronavirus care packages to front line heroes
Over 60,000 care packages fueled with over 1.6 million donations including Starbucks coffee, handwritten letters from Starbucks employees as well as notes from volunteers at Operation Gratitude.
Starbucks to launch Beyond Meat products in China with new, plant-based menu
Starbucks and Beyond Meat have partnered to launch a new plant-based menu in China this week.
Chipotle offers free burritos to coronavirus health care workers
The fast-casual chain last month also said it would give a 10 percent pay increase to its hourly employees
Chick-fil-A launches multimillion coronavirus relief effort
The aid is anchored by a $10.8 million fund.