starbucks corp. - SBUX

Starbucks CEO Brian Niccol said during a shareholder meeting that the company will continue to focus on diversity efforts, despite other companies beginning to pull back.

Starbucks is working to simplify its offerings and, come March 4, just over a dozen drinks will be taken off the coffeehouse chain’s menu.

Starbucks announced it was laying off over 1,000 corporate workers as it tries to simplify operations as part of its "Back to Starbucks" turnaround plan.

About 580 Starbucks locations have implemented new opaque white compostable cups for cold drink orders. Some customers expressed dissatisfaction over the change.

Starbucks is offering its loyalty members free coffee on Monday, the day after the Super Bowl. The coffee giant said in January that its membership growth increased.

Starbucks is getting into the Valentine’s Day spirit through limited-time drinks. It is also introducing two new Refreshers and a Midnight Drink for a limited time.

Starbucks customers in the U.S. and Canada will notice some changes when they visit a Starbucks location on Monday, including the re-introduction of condiment bars.

Starbucks workers have expanded their strike to more cities and closed 59 stores across the U.S. as of Monday, the union said amid stalled negotiations.

Starbucks says the wage increases sought by its union employees are "not sustainable," pushing back against demands as workers at the coffee giant strike.

Unionized Starbucks workers recently voted in favor of a possible strike, according to the union. Thousands of Starbucks workers at 525 stores belong to Starbucks Workers United.