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Starbucks plans to phase out its mobile-only stores for a future with more 'warmth and human connection'

Around 80 to 90 pickup-only locations in the US, many of which are located in office buildings and offer no seating, will be phased out.

Wall Street Journal · 8h

Starbucks Abandons Mobile Order, Pickup-Only Stores

The world’s biggest coffee chain is moving away from operating stores that only accept mobile orders for pickup because they don’t have the right vibes.

Barron's on MSN · 11h

Starbucks Sales Still Show Weakness. Same-Store sales Dip 2%.

Analysts surveyed by FactSet expected Starbucks to report adjusted earnings per share of 64 cents on revenue of $9.29 billion. In the year-ago third quarter, the coffee giant posted adjusted earnings per share of 93 cents on revenue of $9.

Starbucks same-store sales fall again

CNBC on MSN · 13h

Starbucks same-store sales fall again, but CEO Niccol says turnaround is ahead of schedule

Starbucks has been in turnaround mode, but its same-store sales are expected to fall for the sixth straight quarter. Starbucks is expected to report its fiscal third-quarter earnings after the bell on Tuesday. Here's what Wall Street analysts surveyed by LSEG are expecting the company to report:

Insider on MSN · 8h

Starbucks CEO Brian Niccol says price changes are a last resort in coffee chain turnaround

CEO Brian Niccol said price changes are his last resort for improving Starbucks' slumping sales — but they're "absolutely" on the horizon.

Reuters on MSN · 9h

Starbucks CEO details brand reset plan as turnaround efforts drive sales beat

Starbucks reported better-than-expected revenue rise for the third quarter, as demand in China improved while investments in labor and store operations, and changes to the menu helped it offset slowing consumer spending in its domestic market.

9h

Starbucks doubles down on hospitality with 'Green Apron Service' strategy

The coffee giant aims to stand out on guest experience in a cutthroat consumer environment as it tries to boost lackluster ...

8h

Starbucks Sees Improvement Even as Global Same-Store Sales Slip Again

The C.E.O., Brian Niccol, said the coffee chain’s turnaround was in progress, and sales in China increased for first time in ...

4hon MSN

Starbucks looks to protein drinks and other new products to turn around lagging US sales next year

Starbucks said Tuesday it’s confident that new products coming next year — including a cold foam protein drink, coconut water ...

10h

Starbucks’ Raspberry Syrup Is Back On Menus Today (But Not For Long)

In case you missed it, Starbucks officially brought back their discontinued raspberry syrup! The beloved flavor finally hit ...

8h

Starbucks CEO says company is ‘on the right path,’ despite lag in profits

Despite mixed financial results, CEO Brian Niccol is confident the coffee chain is on the right path to become a "better ...

4hon MSN

Starbucks isn't giving up on its China dream

The chain is looking for a local partner to help run its stores in China as it looks to open "thousands" more outlets there ...

10h

8 Starbucks Raspberry Drinks You Need To Try ASAP (While It's Still Available)

In case you missed it, Starbucks finally brought back their long-discontinued (and dearly-missed) raspberry syrup. Officially ...

8hon MSN

Starbucks vows a ‘wave of innovation’ next year. Will it get in the way of quicker service?

Starbucks Corp. reported mixed third-quarter results on Tuesday, although the coffee chain said its turnaround plans were ...

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