2025-05-27
McDonald's is killing its Starbucks and Dunkin' competitor CosMc
McDonald’s announced over the holiday weekend that the five stand-alone CosMc’s locations it operates will shut their doors starting in late June as part of what the company called the “next testing phase.”
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2025-04-30
Starbucks stock sinks 7% because this earnings report was brutal
Starbucks (SBUX) has a “grande” problem: It disappointed across the board in its second-quarter earnings report, sending its stock falling as it missed key revenue and earnings estimates.Read more [...]
2025-03-25
Starbucks' CEO wants you to sit and stay awhile. His college coffeehouse could be the answer
In Starbucks (SBUX)’ most recent earnings call, CEO Brian Niccol hit on the company’s “Back to Starbucks” theme, an effort to return the chain to its roots.Read more... [...]
2025-03-28
Starbucks sets new speed goals after reports of 30 to 40-minute waits
Starbucks is on a mission to speed up its act, setting new goals to cut wait times for both drive-thru and mobile orders in an effort to win back customers and boost sales. Read more... [...]
2025-03-17
Starbucks has to pay California driver $50 million over hot tea spill
Starbucks has been ordered to pay $50 million to a California delivery driver who suffered severe burns when a hot drink spilled onto his lap at a Los Angeles drive-through in Feb. 2020.Read more... [...]
2025-03-14
Walmart's China troubles, McDonald's gets fast, and Starbucks' powered revamp: Retail news roundup
Walmart (WMT) was summoned by Chinese officials for attempting to pass U.S. tariff costs onto suppliers, but it’s hardly alone in its approach. McDonald’s is splitting its teams to conquer beef, c [...]
2025-03-07
Target's price hikes, Walmart's China strategy, and Starbucks' tough love: Retail news roundup
Target’s CEO Brian Cornell warns that President Donald Trump’s looming tariffs will drive up prices on fruits and vegetables, as the retailer works to recapture the “Tarzhay” vibe. Meanwhile, [...]