Starbucks

Starbucks Cuts Annual Sales Forecast As Demand Cools In US, China

Starbucks cut its annual sales forecast after reporting a fall in same-store sales for the first time in nearly three years.

Brazil Meatpackers Complain About Delays To Health Certificates

The Brazilian Animal Protein Association (ABPA) has complained that companies are facing delays in the issuance of international health certificates, a sit...

Starbucks Cuts Sales View Due To Middle East Conflict, Warns Of Weak Q2

Starbucks cut its annual sales forecast as the Israel-Hamas war hurt its Middle East business, while warning that softer demand in January and slow recover...

Cadbury-Parent Mondelēz Sees Q4 Sales Jump, Price Hikes Impact Volumes

Mondelēz International posted a rise in fourth-quarter sales, but price hikes took a toll on volumes as it squeezed demand for the Cadbury parent's chocola...

Nestlé Vietnam To Invest $100m In Coffee Factory

Nestlé Vietnam plans to invest $100 million (€91.3 million) in its Tri An coffee factory, located in the southern province of Đồng Nai.

Starbucks To Raise Wage For US Store Workers By At Least 3% From 2024

Starbucks will raise the hourly pay for its US retail workers by at least 3% from 2024, it said, as it plans to expand its store count amid strong demand f...

Starbucks Gets Sales Bump From Strong US Demand

Starbucks beat Wall Street targets for fourth-quarter results as strong demand for its pricey coffees and cold drinks in North America offset a feeble reco...

Consumer Reports Finds More Lead And Cadmium In Chocolate

Consumer Reports said it had found 'concerning' levels of lead and cadmium in a third of various chocolate products it tested recently, and called on Hersh...