Tag: Starbucks
Starbucks Named Indian-origin Laxman Narasimhan As New CEO
Indian origin Laxman Narasimhan is joining Starbucks as Chief Executive Officer (CEO). He will assume the new responsibility from October 1, 2022. Mr. Laxman...
Starbucks Announced to Close 16 US Stores
Starbucks announced closing 16 stores due to safety concerns across the US in major cities such as Washington D.C., Seattle, Los Angeles, Portland, and...
Starbucks Gained 19% Profits in The First Quarter
Starbucks opened 484 net new stores in the first quarter of Fiscal 2022, bringing the total number of outlets worldwide to 34,317. The fiscal...
Two US Multinational Companies Closed Business in Russia
US multinational fast-food company McDonald's and coffee house chain Starbucks Corporation have announced that they will close business in Russia. Earlier, soft drink makers...