Starbucks

Starbucks feeling heat as more chains vie for US coffee drinkers

February 8, 2026 Dee-Ann Durbin

NEW YORK — Americans are drinking more coffee than they have in decades. But fewer of them are getting it from Starbucks. The company that revolutionized the United States’ coffee culture remains America’s biggest player, […]

Starbucks struggles to define itself, turns to celebrity CEO

September 15, 2024 The Associated Press

To Howard Schultz, the chaos he observed at a Starbucks in Chicago one recent morning summed up the troubles of the company he long led as chairman and CEO. Commuters tumbled off trains and into […]

Former Starbucks CEO says company should refocus on coffee

May 8, 2024 The Associated Press

NEW YORK — Former Starbucks CEO Howard Schultz says the company’s leaders should spend more time in stores and focus on coffee drinks as they work to turn around flagging sales. In a LinkedIn post […]

US companies are picky about investing in China. The exceptions? Burgers and lattes

January 4, 2024 The Associated Press

WASHINGTON — There’s been no shortage of tough news for China’s economy as some of the world’s biggest brands consider or take action to shift manufacturing to friendlier shores at a time of unease about […]

Starbucks increases US hourly wages and adds other benefits for non-union workers

November 12, 2023 The Associated Press

SEATTLE – Starbucks is increasing pay and benefits for most of its U.S. hourly workers after ending its fiscal year with record sales. But the company said Monday that unionized workers won’t be eligible for […]