Starbucks (SBUX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Selling in Chipotle Mexican Grill (NYSE:CMG | CMG Price Prediction) stock is running far ahead of the rest of the restaurant group, and the gap between CMG stock and shares of its larger rivals is the clearest signal in the
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Starbucks (NASDAQ: SBUX | SBUX Price Prediction) dumped its China operations in a deal it announced in April. It sold a majority interest to Boyu Capital, a local private equity firm.
Starbucks closed 250 stores across North America as it doubles down on its new strategy. Business Insider mapped 239 of the closed stores using data from Google and Starbucks' website.
Most of the single-use, plastic cold beverage cups placed in recycling bins at Starbucks stores ended up in landfills or incinerators, Vermont-based Beyond Plastics said Monday.
Starbucks is closing stores for the second September in a row, and this time it's not about weak sales.
Last week, Starbucks Coffee Company announced it would close around 250 stores in North America. That's a cull of 1% of its roughly 18,000 locations in the region.
Starbucks NASDAQ: SBUX is absorbing an estimated $300 million restructuring charge to shutter roughly 250 North American locations, marking the second notable footprint contraction in a year under its ongoing turnaround strategy.
Starbucks is closing hundreds of cafes while customer traffic is climbing, which raises an uncomfortable question about just how badly the chain misjudged its own expansion.
Starbucks is getting ready to shut down dozens of California coffee shops, with 64 locations across the state apparently headed for the chopping block. The closures stretch from Santa Rosa to San Diego, hitting the Bay Area, Sacramento, the Central Coast, Los Angeles, Orange County, the Inland Empire and beyond.
A beloved Starbucks in Burbank is set to close on after nearly 30 years in business. The location, next to Bob's Big Boy on Riverside Drive, will serve its final coffee Saturday before closing up shop for good at 9:30 p.m.