Starbucks joins Deliveroo for app orders October 5, 2021 Coffee chain Starbucks and delivery app Deliveroo have joined forces. More than 400 of the chain’s stores are available to order on the Deliveroo app from today, with more stores being added throughout the month. Londoners can now order coffees alongside sandwiches and other menu items. Other areas involved include Birmingham and Manchester. Standard delivery [...]
Starbucks UK plummets to £41m loss after year of Covid restrictions June 18, 2021 Starbucks has recorded a loss of £41m in the year to September 2020, after Covid restrictions forced it to shut branches and limit typical trading activity. The coffee chain saw revenues fall to £243m, according to a Companies House report, down 32.7 per cent, largely due to heavy restrictions imposed on the business throughout much [...]
Starbucks on hiring spree for 400 new jobs across UK as demand revives May 3, 2021 High Street giant Starbucks has launched a hiring spree for 400 roles as the coffee chain has been buoyed by the easing of pandemic restrictions. Positions will be available across almost 200 sites including city-centre, suburban high street and drive-thru locations as it builds its workforce to deal with higher demand. Starbucks, which currently employs [...]
Boots owner WBA appoints former Amazon director as new CEO January 27, 2021 The owner of Boots will strengthen its team in March with the appointment of a business powerhouse as the new CEO and adding a new executive chairman to its board. Previously chief operating officer of Starbucks Rosalind Brewer will join Walgreens Boots Alliance (WBA) as chief executive officer. Brewer, a former Amazon director, was the [...]
China’s President Xi writes to former Starbucks chairman in push to improve trade relations January 14, 2021 China’s President Xi Jinping has written to Starbucks’ former chairman to promote trade, state media reported this morning. Xi asked former Starbuck’s tycoon Howard Schultz to promote trade and business relations between Washington and Beijing, urging Schultz to “continue to play an active role in promoting China-US economic and trade cooperation”, the official Xinhua news [...]
Coronavirus: Starbucks bans reusable cups in bid to prevent spread of Covid-19 March 6, 2020 Starbucks has temporarily banned customers from using reusable cups in response to the coronavirus outbreak. The coffee shop chain has said customers will still get the 25p discount for bringing a reusable cup with them but drinks will be served in paper cups. Costa Coffee and Greggs have said they do not have plans to [...]
Caffeine kick: Starbucks rolls out coffee delivery service across UK cities September 17, 2019 Starbucks is rolling out a delivery service which will allow customers across the country to wake up and – immediately – smell the coffee. The world’s biggest coffee shop chain has teamed up with Uber Eats to allow people in 11 UK cities to order their favourite brew directly to their doorstep via the app. [...]
Doritos joins the ranks of the name-dropping brands September 9, 2019 The anti-marketing revolution continues. The latest move is from Doritos, which has dropped the name from its advertising. With “no logos, no jingles, no gimmicks”, we’re told that this is a product “so iconic, we don’t need to name it”. In its place, a new ad campaign called Another Level gives us lots of different [...]
Notifications to EU Commission about unlawful tax breaks rocket in state aid crackdown May 30, 2019 The number of notifications to the EU Commission about potentially unlawful tax breaks has rocketed as countries take a tougher stance on state aid. In the last five years the Commission was notified about 385 potentially unlawful tax breaks, compared to just 80 between 2007 and 2013. Over the 12 months to 31 March the [...]
Starbucks’ rival Luckin Coffee sees share price double on debut May 17, 2019 China's Luckin Coffee shares opened at $25 on Friday morning despite recent poor IPO performances. It was 47 per cent more than the issue price of $17 as the Starbuck's rival raised $561m to give it a pre-trading valuation of around $4bn. Read more: Thomas Cook shares crash 40 per cent as investors urged to sell [...]