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01.11.25 - 15:48
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Starbucks Can′t Get Customers to Stay, Despite Costly Cafe Makeovers (ZeroHedge)
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Starbucks Can't Get Customers to Stay, Despite Costly Cafe Makeovers
Starbucks is struggling to keep customers in its cafes, even after spending heavily to make stores more inviting. New data from Placer.ai shows the share of visits lasting more than 10 minutes has dropped from over 40% in 2023 to roughly one-third today, according to Bloomberg.
CEO Brian Niccol made longer in-store visits a core piece of his turnaround plan when he took over in September 2024, promising better service, faster drinks and a return to the “warm, cozy, comfortable environment” Starbucks once championed.
Yet foot traffic has fallen for four straight quarters, while profits have slid by double digits over the last four and same-store sales have declined for six. Shares are down 6.4% this year.
“They've trained their customer to use this brand as a convenience channel, not as a place where you sit down and linger,” said Citi analyst Jon Tower. Still, he noted that if shops look and feel better, customers m...
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31.10.25 - 16:54
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Starbucks Aktie: Kaffee bleibt heiß, Kursziel fällt (Aktiencheck)
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Toronto (www.aktiencheck.de) - Starbucks-Aktienanalyse von RBC Capital Markets:
RBC Capital Markets habe das Kursziel für die Aktie von Starbucks Corp. (ISIN: US8552441094, WKN: 884437, Ticker-Symbol: SRB, NASDAQ-Symbol: SBUX) von 110 auf 100 USD gesenkt, das "outperform"-Rating jedoch beibehalten. [mehr]...
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31.10.25 - 11:18
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Starbucks workers hold strike vote and plan for pickets to force first contract (The Guardian)
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Union says world's largest coffee chain engaged in bad faith bargaining and stonewalled over contractUnionized Starbucks workers across the US are casting their votes on whether to hold a strike amid anger over pay and conditions at the world's largest coffee chain, and allegations it breached labor laws by engaging in bad faith bargaining.Starbucks has faced a rapid wave of mobilization since 2021. Starbucks Workers United, a union representing baristas at the chain, has won elections at more than 650 of its locations in 45 states and the District of Columbia, representing more than 12,000 workers. Continue reading......
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31.10.25 - 01:24
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Tech Stocks Slide on Meta′s AI Spend, Apple and Amazon Earnings | The Close 10/30/2025 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Principal Asset Management's Kamal Bhatia, Starbucks' Brian Niccol, Goldman Sachs' Asad Haider, Edward Jones' Penny Pennington, Mercadolibre's Martin de los Santos, Science and Technology Partners' Erika Klauer, Wedbush Securities' Scott Devote, JWP's Jake Q. Clay, Zillow Group's Jeremy Wacksman, D.A. Davidson's Gil Luria, IDC's Nabila Popal, Digicel's Marcelo Cataldo. (Source: Bloomberg)...
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30.10.25 - 17:12
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Baristas Are Embracing Changes at Starbucks, CEO Says (Bloomberg)
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Starbucks Corp. Chief Executive Officer Brian Niccol says baristas and partners are embracing the "Back to Starbucks strategy and green apron service standard." Niccol says the coffee chain is focused on improving customer service and experiences in stores. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)...
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30.10.25 - 16:48
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′Back to Starbucks′ Plan Is Working, Says CEO Niccol (Bloomberg)
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Starbucks Corp. Chief Executive Officer Brian Niccol says the "Back to Starbucks" plan is working to drive sales and improve service. Sales at established locations rose 1% in the most recent quarter. He talks about renovating restaurants, how more customers are adding protein to their drinks, adding workers, and growing the business in China. He speaks to Bloomberg's Romaine Bostick. (Source: Bloomberg)...
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30.10.25 - 14:24
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Starbucks’ Terrible Quarter (24/7 Wall St.)
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Starbucks reported mediocre quarterly results. It provided little evidence that its turnaround strategy was taking hold.
The post Starbucks' Terrible Quarter appeared first on 24/7 Wall St.....
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