Starbucks

Starbucks plans to take advantage of growing tech, stores and worker spending

Starbucks plans to take advantage of growing tech, stores and worker spending

Join now for FREE unlimited access to Reuters.com Register SEATTLE, Sept 13 (Reuters) – Starbucks Corp (SBUX.O) expects earnings to grow 15-20% per share over the next three years, a significant increase from previous forecasts based on spending plans of 2 .5 to 3 billion over the next three years. same period on technology, new …

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Howard Schultz promises Starbucks will bounce back after coffee chain 'lost its way'

Howard Schultz promises Starbucks will bounce back after coffee chain ‘lost its way’

Starbucks will spend an additional $450 million to revamp its coffee machines and stores as it seeks to accelerate growth, catch up with changing consumer tastes and mend relationships with restless baristas. The company had “lost its way” in recent years, said Howard Schultz, the founder who returned as interim chief executive in April. But, …

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