Starbucks

Starbucks Exec Schultz To Step Aside, Mulling 'Range Of Options'

Starbucks Corp. executive chairman Howard Schultz is stepping away from the coffee chain he built into a global powerhouse, putting management firmly into...

Starbucks Closes 8,000 Stores Across US For ‘Anti-Bias Training’

Starbucks Corp has appealed to customers for forgiveness in a controversy over alleged racial profiling, saying its behaviour toward two black men last mon...

Nestlé-Starbucks Deal Will Not Be A Repeat Of Kraft Foods Contract - Analyst

A leading industry analyst has said that the 'global coffee alliance' being formed between Nestlé and Starbucks, will be markedly different to the d...

Nestlé To Pay Starbucks $7bn In Global Coffee Alliance

Swiss-based food giant Nestlé will pay Starbucks $7.15 billion in cash for the rights to sell the US coffee chain's products around the world, tying...

Nestlé Close To Deal For Starbucks Bagged Coffee, Drinks Business

Nestlé, the world's largest coffee company, is close to a deal with Starbucks Corp for the part of its business that sells bagged coffee and drinks...

Lavazza ‘Turned Down JAB And Nestlé’ To Maintain Independence

Italian coffee maker Lavazza is determined to stay independent, one of its family owners said on Thursday, revealing the firm had rejected bid approaches f...

Nestlé Makes Packaging Pledge, But Greenpeace Unsure Of Benefits

Nestlé wants to make all of its packaging recyclable or reusable by 2025, becoming the latest food company to vow to reduce plastic waste, however,...

Unilever Completes Acquisition Of Starbucks' Tazo Tea

Consumer goods company Unilever has announced that it completed its acquisition of tea brand Tazo. The $384 million deal was announced last month, with...