Starbucks Corp.

Starbucks Orders Corporate Staff to Office Four Days a Week, Offers Payouts to Exit

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Starbucks Orders Corporate Staff to Office Four Days a Week, Offers Payouts to Exit

Starbucks Mandates 4-Day Workplace Return for Company Staff, Gives Payouts for These Opting Out Seattle, USA – Starbucks has introduced that its company workers should return to the workplace 4 days every week beginning October 2025, as a part of CEO Brian Niccol’s technique to drive the corporate’s turnaround amid slumping U.S. gross sales. The … Read more

Recession fears hit Starbucks, Chipotle, McDonald’s stocks

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Recession fears hit Starbucks, Chipotle, McDonald’s stocks

Recession Fears Hit Starbucks, Chipotle, McDonald’s as Consumer Spending Weakens New York, June 10, 2024 – Shares of major fast-food and coffee chains, including Starbucks (SBUX), Chipotle (CMG), and McDonald’s (MCD), tumbled this week as growing recession fears and slowing consumer spending rattled investor confidence. Stocks Under Pressure Starbucks shares fell nearly 5% after reporting weaker-than-expected sales, with customers cutting … Read more