American eating habits are changing faster than fast food can keep up
Restaurants are getting dinged by the convenience of Netflix, the advent of pre-made meals, the spread of online grocery delivery, plus crushing student debt and...
Starbucks aims to boost sales as profit, revenue beat forecast
The company said same-store sales fell in China, but overall revenue came in before projections.
Starbucks delivers tepid growth across its global empire
While the coffee giant still got 6 percent growth in its China stores, the crowded U.S. market fell short of projections, and same-store sales shrank...
Tim Hortons franchisees fret coffee chain is losing its Canadian culture
A coalition representing half the chain’s Canadian franchisees has filed a class-action suit against corporate owner Restaurant Brands, which also owns Burger King and Popeyes,...
Starbucks payment systems crash after company updates software
Starbucks suffered crashes at some of its store payment systems Tuesday following a routine technology update.
Owner of coffee and bagel chains buys Panera, adding to food challenge for Starbucks
For Starbucks, which wants to sell more food, the $7.2 billion acquisition of bakery-cafe chain Panera Bread by the company that runs Peet’s Coffee, Einstein...
Starbucks reports better-than-expected profit as food, digital efforts fuel sales
The coffee-shop chain also announced a 25 percent dividend increase.
Starbucks exec Alstead won’t return from yearlong leave
Former Starbucks Chief Operating Officer Troy Alstead has resigned from the company permanently after a year of unpaid leave, removing a possible successor to Chief...
Tim Hortons faces tall order as it expands on Starbucks turf
Tim Hortons, a cult favorite in its Canadian homeland, is making a bigger push into the U.S., where Starbucks and Dunkin’ Donuts are tough rivals.