Starbucks will provide a flat 2% pay bump to all salaried employees in North America this year as the coffee chain looks to minimize costs as part of CEO Brian Niccol’s turnaround efforts.

Starbucks will provide a modest 2% hike to all salaried employees in North America this year, the company told Reuters.

Starbucks CEO Brian Niccol said the company's pickup-only locations no longer match the coffee chain's vision for a warmer customer experience.

Starbucks "Pick Up" locations across more than 20 states, totaling 80-90 stores, will be impacted. Niccol and the chain's website indicated that some locations would be closed permanently, while ...

To capitalize on consumers’ appetite for healthier choices, Starbucks (NASDAQ:SBUX) is expanding its trial of coconut ...

Polen Capital, an investment management company, released its “Polen Global Growth Strategy” second-quarter 2025 investor letter. A copy of the letter can be downloaded here. The market entered 2025 ...

Starbucks is expanding its menu with two new coconut water drinks, the Coco Matcha and Coco Cold Brew, as well as a nutrient-packed cold foam.

From 2019 to 2024, average CEO pay at these firms climbed 34.7%, compared to just a 16.3% rise for their average worker pay. Inflation was 22.6% over the same period.

Nvidia, the most valuable US company, reported a chief executive to median employee pay ratio of 166 to 1, with its median ...

Costa Coffee, the UK's largest coffee chain, is making an aggressive move into the United States. It is a fresh a challenge to Starbucks at a time when the American giant is struggling to win back ...