Starbucks

Starbucks Reports Smaller-Than-Expected Sales Decline As Turnaround Takes Root

Starbucks reported a smaller-than-expected fall in first-quarter comparable sales, in early signs that the coffee chain was benefiting from CEO Brian Nicco...

ESM's Retail Recap: Barry Callebaut; Italy Retail Trade; Coop Switzerland; Starbucks

Barry Callebaut places CHF 300 million bond; November retail trade declines in Italy; Coop and The Body Shop end franchise deal; Mellody Hobson to retire...

Record Number Of Activist Investors Joined Shareholder Rebellion Last Year

A record number of activist shareholders mounted campaigns at global companies in 2024, a Barclays report showed, as their pressure tactics produced strong...

Starbucks Workers Union Authorises Potential US Strike

The workers union representing more than 10,000 Starbucks baristas said they have authorised a potential strike, ahead of this year's final round of bargai...

India's Tata Faces Pressure In Starbucks Joint Venture As Consumers Cut Back

India's Tata Consumer Products will push back plans for some new Starbucks store openings until later in its existing schedule as fewer customers are walki...

Nestlé USA Names New Chief Executive Officer

Nestlé USA has appointed Martin Thompson as its new chief executive officer and US market head, effective 1 January 2025.

Walmart To Roll Back Some Diversity Policies In US Amid Pressure From Conservatives

Walmart plans to cut back some of its diversity, equity and inclusion (DEI) initiatives, a spokesperson for the retailer said on Monday, joining a growing...

Premium

US CEOs Fired More Quickly Over Low Stock Prices This Year: Report

US companies with lagging stock prices are now quicker to blame management and fire their top executive, but the process of finding a replacement has remai...