Starbucks’ 2014 outlook lower than expected October 30, 2013 COFFEE chain Starbucks saw its profit forecast for 2014 fall short of Wall Street’s expectations, despite fourth quarter profits that jumped 34 per cent as more customers flocked to its branches. Starbucks share price fell three per cent in after hours trading to $78.20 as investors reacted to the news that the company expects 2014 [...]
Starbucks hires Pizza Hut boss to run UK chain October 21, 2013 STARBUCKS has hired Pizza Hut boss Mark Fox to run its UK business. The US coffee chain announced yesterday that Fox, who has headed Pizza Hut UK delivery service since 2009, will become the UK managing director of Starbucks from 6 January next year. The 44-year-old, who replaces Kris Engskov, was promoted earlier this year [...]