Kevin Johnson

Starbucks Corporation reported financial results for its 13-week fiscal first quarter ended December 29, 2019. Global comparable store sales were up 5 percent, driven by a 3 percent increase in average ticket and a 2 percent increase in comparable transactions....

Starbucks has opened Starbucks Reserve® Roastery Tokyo, a four-storey tribute to premium coffee quality, innovation and human connection. This will be the fifth Roastery globally, opening to the public on Thursday, Feb. 28, at 7 a.m. JST, reaffirming the...

Starbucks has announced the opening of Starbucks Reserve Roastery New York, which opens its doors to the public on Friday, December 14. Located in the meatpacking district at 61 9th Avenue (on the corner of 9th Avenue and 15th...

Starbucks Corporation announced Patrick Grismer has been appointed Executive Vice President and Chief Financial Officer (CFO). Reporting to Kevin Johnson, Starbucks President and Chief Executive Officer, Grismer succeeds Scott Maw, who will retire on November 30. Maw will remain a...

For the past decade, Starbucks has been committed to creating green buildings through a partnership with the U.S. Green Building Council. The two organizations worked together on the Leadership in Energy and Environmental Design (LEED) for Retail program, a...

Nestlé and Starbucks Corporation announced the closing of the deal granting Nestlé the perpetual rights to market Starbucks Consumer Packaged Goods and Foodservice products globally, outside of the company’s coffee shops. Through the alliance, the two companies will work closely...

Starbucks Corporation has announced a set of strategic priorities and corresponding operational initiatives to accelerate growth and create long-term shareholder value. Starbucks details three strategic priorities to regain revenue and earnings momentum: - Accelerating growth in the U.S. and China, the...

Nestlé has announced an agreement granting the company perpetual rights to market Starbucks consumer and foodservice products globally, outside of the company's coffee shops. This transaction provides Nestlé with a strong platform for continued growth in North America with leadership...

Starbucks announced on Tuesday that it will close all its company-owned stores in the US for the afternoon on May 29 to train employees how to prevent racial discrimination in their stores. In the wake of outrage over the arrest...

Coffee shop chain Starbucks said on Thursday it will sell its Tazo tea brand to Unilever for $384m to focus on its Teavana line, amid disappointing quarterly results. “With our growth strategy for premium tea exclusively focused on Teavana, we...