Starbucks interim CEO Schultz to suspend share buyback program
April 05, 2022 | 17:00
The newly installed interim chief executive of Starbucks Howard Schultz announced Monday he will suspend a share repurchase program as the chain navigates a challenging landscape amid a growing unionization push.
Coffee giants tinkering with formula
January 20, 2022 | 14:00
Big-name cafe and beverage brands such as Starbucks, Highlands Coffee, and Phuc Long are promoting the development of kiosk models and closing larger stores in central areas – but it remains to be seen whether this strategy will bring long-term success.
UrBox becomes sole partner of Starbucks in Vietnam to optimise customer service
October 05, 2021 | 08:00
Starbucks Vietnam has partnered up with Vietnamese startup TOQUA UrBox JSC to enhance customer service efficiency and optimise digital transformation with UrBox.
Coffee shop chains increase presence
May 18, 2021 | 18:00
Despite the pandemic restrictions, the race to open more shops between coffee brands continues full steam ahead.
Dreadful expansion outlook for beverage chains across nation
April 22, 2020 | 08:00
Social distancing and compulsory lockdowns are throwing a wrench in beverage chains’ market expansion plans this year adding insult to injury for these already unhealthy firms.
Highlands Coffee, Starbucks, and The Coffee Houses stop serving at stores for COVID-19
March 26, 2020 | 10:01
Coffee chains like Highlands Coffee, Starbucks, and The Coffee House are taking business to the online and takeaway channels in Ho Chi Minh City until April.
Starbucks bans personal cups in US, Canada stores over coronavirus
March 06, 2020 | 10:27
Reusable cups are in vogue for reducing waste but are no longer welcome at Starbucks cafes over fears of the coronavirus, the coffee chain announced.
Starbucks, Coffee Bean, and Tea Leaf losing to Vietnamese chains
January 15, 2020 | 10:06
Starbucks was the only foreign café chain to make it into the Top 5 in Vietnam, according to Euromonitor.
Starbucks becomes latest target of Hong Kong protester rage
September 30, 2019 | 15:59
Starbucks has emerged as the latest brand to fall foul of Hong Kong's protesters after a family member of the local restaurant chain that owns the local franchise spoke out against demonstrators.
EU loses big Starbucks tax case, wins on Fiat
September 25, 2019 | 09:27
An EU court struck down an order by Brussels that Starbucks pay €30 million (US$33 million) in back taxes on Monday (Sep 23), in a decision with major significance for Apple, which is fighting a similar case.
Coffee startup Luckin set to overtake Starbucks in China
January 04, 2019 | 10:00
BEIJING: After only a year in business, startup Luckin Coffee said Thursday (Jan 3) it will open 2,500 stores this year to dislodge Starbucks and become China's largest coffee chain.
NYSE joins forces with Starbucks on bitcoin platform
August 04, 2018 | 10:52
The New York Stock Exchange's parent company announced plans on Friday (Aug 3) to launch a bitcoin trading platform and partner with Starbucks on a digital currency payment app.
Starbucks joins with Alibaba for China coffee deliveries
August 03, 2018 | 10:15
Starbucks on Thursday (Aug 2) announced a partnership with e-commerce giant Alibaba that will give the US coffee giant greater access to China's growing food-delivery market as it faces increased competition from local firms.
Vietnam’s franchise market is gaining momentum
July 26, 2018 | 08:00
More international brands are set to make inroads into the local market as Vietnam’s franchise sector continues to pick up momentum in 2018.
Last straw for McDonald's, Burger King in Mumbai plastic ban
June 27, 2018 | 10:25
Burger King, McDonald's and Starbucks are among dozens of companies fined for violating a new ban on single-use plastics in India's commercial capital Mumbai, an official said on Tuesday (Jun 26).
Mobile Version