All Starbucks articles – Page 2
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NewsStarbucks reports £30bn sales
Comparable same-store sales in the UK were “well above” historical averages in 2023, driven by higher profitability and productivity store formats, and elevated digital experiences
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Analysis & InsightWhy is McDonald’s being targeted by Pro-Palestinian protests?
As militant activists target potent corporate symbols over their perceived political alliances, MCA explores the PR tightrope brands must walk during such a bitter partisan conflict
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NewsHoward Schultz steps down from Starbucks
The coffee giant has announced former CEO Howard Schultz is to retire as director, as part of a planned transition, and will be replaced by Wei Zhang
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NewsStarbucks makes ‘good progress’ on 100 new UK stores target
The coffee company has maintained strong double digit growth in recent months, as it marks its 25th anniversary in the UK with a drive-thru site in Oldham
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NewsStarbucks franchisee acquires nine new stores
KBeverage has acquired GK Coffee Group and its nine London Starbucks stores, part of a plan to reach 100 by 2026
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Analysis & InsightFood to go: What’s inspiring spring/summer NPD
MCA explores the trends influencing the new spring/summer launches from the UK’s leading food to go brands and how they stack up against competition from the grocery retailers.
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NewsStarbucks accused of ‘illegal union-busting’
Founder Howard Schultz was accused of leading an aggressive anti-union crusade by leftwing senator Bernie Sanders at a US senate hearing
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NewsStarbucks boosts sales but sees profits slide
The coffee shop brand saw UK sales exceed pre-pandemic levels, but wage and cost inflation led to a dip in profits
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NewsStarbucks ends speculation about UK sale with £30m investment
The coffee shop chain as ended speculation about a potential sale of its British business, announcing plans to invest millions in the refurbishment of its existing sites and open 100 new coffee shops in the UK.
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Analysis & InsightA spoonful of olive oil helps the Frappuccino go down
As Starbucks launches an olive oil-infused range of drinks, MCA asks coffee experts whether the new product innovation could become as big a hit as the famed pumpkin spiced latte – and help the High Street chain re-capture some cultural relevancy
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NewsStarbucks UK achieves double-digit growth
The UK contributed to Starbucks’ strong international sales performance, with double-digit comparable sales growth in the 13 weeks to 1 January 2023.
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NewsStarbucks franchisee posts sales of £75m
23.5 Degrees has grown to 93 sites and now has a pipeline of 50 new openings
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NewsBranded coffee chains defy challenges to achieve strong growth
Project Café UK 2023 shows the £4.9bn UK branded coffee shop market achieved 11.9% sales growth over the last 12 months
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NewsStarbucks to expand coverage in Sainsbury’s
At least 30 new Starbucks cafes are expected to open within Sainsbury’s stores by the end of 2022.
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Analysis & InsightAutumn menu innovation
As the seasons change and the weather begins to turn fresher, MCA rounds-up the latest autumn menu launches from brands including Leon, Pret, Greggs and Costa
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NewsStarbucks names new CEO
Laxman Narasimhan, the outgoing head of UK consumer goods group Reckitt Benckiser, will be charged with executing the reinvention strategy designed by Howard Schultz
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Analysis & InsightStarbucks: ‘The brand’s not going anywhere’
As the coffeehouse company assesses options for its UK business, MCA examines how the brand has lost ground to its rivals, and how it could regain its innovative edge under a new operator
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NewsCoffee wars leave Starbucks ground down by rivals
Starbucks is losing out in an increasingly competitive market and could sell its British operation, the Sunday Times reports
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NewsStarbucks explores sale of UK division
Coffee giant seeks potential buyers as challenges mount, The Sunday Times has reported
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NewsStarbucks ‘not designed for the future’
CEO Howard Schultz said the coffee shop company needs to modernise and transform to recreate an environment that is “relevant, welcoming and safe”