starbucks

Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of early 2019, the company operates over 30,000 locations worldwide.

Source: starbucks.com

Five Ways Consumers Are Pumping the Brakes on Spending
Five Ways Consumers Are Pumping the Brakes on Spending
May 06, 2024  |  Consumer Insights

We may be witnessing the beginnings of a great pullback in consumer spending. At least in some areas. As paycheck-to-paycheck living remains a reality for most U.S. consumers,...

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Starbucks Ex-CEO Urges Leaders to Return to Stores
Starbucks Ex-CEO Urges Leaders to Return to Stores
May 06, 2024  |  Restaurant innovation

Starbucks’ former CEO said the chain’s leaders need to spend more time at its stores. Howard Schultz made the argument on LinkedIn Sunday (May 5), days after the company reported its...

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Are Consumers ‘Done With Fast Food’ as Prices Climb?
Are Consumers ‘Done With Fast Food’ as Prices Climb?
May 05, 2024  |  Restaurant Roundup

Denis Montenaro, a regular McDonald’s diner, recently came to a decision. “I’m done with fast food,” the 75-year-old California resident told The Wall Street Journal (WSJ) in...

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Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
Inflation and Pinched Consumer Wallets Dominate Q1 Earnings
May 01, 2024  |  Earnings

If there’s a theme for retailers this earnings season, and especially for dining, it might be crystallized in the comments this week from McDonald’s CEO...

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Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
Starbucks Renews Focus on Occasional Customers as Q2 Results Disappoint
April 30, 2024  |  Earnings

Starbucks’s artificial intelligence (AI)-powered personalized rewards efforts, aimed at increasing customer frequency and spending, appear to be facing challenges.  Following the announcement of “disappointing” second-quarter 2024 results on Tuesday...

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Starbucks Renovations Include Quieter Stores, More Drive-Thrus
Starbucks Renovations Include Quieter Stores, More Drive-Thrus
April 10, 2024  |  Retail

Starbucks is rolling out new store design features as it adds locations and renovates existing ones. During the current fiscal year that ends in October, the...

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Brands Use Mobile Data to Deepen Loyalty Connections With Customers
Brands Use Mobile Data to Deepen Loyalty Connections With Customers
April 10, 2024  |  Loyalty & Rewards

Loyalty programs have long served as a cornerstone for businesses seeking to cultivate lasting relationships with their customers. With the ongoing evolution of mobile technology...

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Bank of America and Starbucks Partner on Rewards Program
Bank of America and Starbucks Partner on Rewards Program
February 15, 2024  |  Loyalty & Rewards

Customers of Bank of America and Starbucks can now earn more benefits by linking those accounts. A new partnership between the two companies allows Bank of America cardholders and Starbucks...

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Domino’s Trails Papa John’s in Provider Ranking of Mobile Order-Ahead Apps
Domino’s Trails Papa John’s in Provider Ranking of Mobile Order-Ahead Apps
February 12, 2024  |  Mobile Order Ahead

Valentine’s Day is coming up, and if the way to your loved one’s heart is through their stomach, PYMNTS is here to help. Each month,...

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