coffee

Howard Schultz is stepping down from the Starbucks board

By Jonathan Maze on Sep. 13, 2023

The former CEO and chairman emeritus is no longer company director as part of a planned transition. Wei Zhang, former Alibaba senior advisor, will take on the role.

Food

Customers are apparently all-in on Starbucks' Pumpkin Spice Latte this year

By Jonathan Maze on Sep. 05, 2023

Traffic has surged this year following the introduction of the coffee giant's fall lineup last month, according to the data firm Placer.ai. And one of the biggest reasons is the day of the week the lineup was launched.

Beverage

Pumpkin Spice Latte returns to Starbucks, along with several of its offspring

By Patricia Cobe on Aug. 24, 2023

Starbucks’ fall menu launched Thursday, celebrating the 20th anniversary of PSL and introducing some new pumpkin specialties.

Food

Pumpkin spice is exploding on menus—and it's earlier than ever

By Patricia Cobe on Aug. 10, 2023

Summer’s heat wave continues to blanket the country and fall is officially more than a month away, but the influx of pumpkin on chain menus began as soon as the calendar flipped to August.

Financing

Starbucks' record sales do not appease skeptical investors

By Jonathan Maze on Aug. 02, 2023

The coffee giant recorded the strongest average weekly sales in its history as customers customize beverages and order more food. But its domestic sales slowed and analysts appeared skeptical.

Financing

Starbucks sees opportunities in smaller towns

By Jonathan Maze on Aug. 02, 2023

The coffee giant, known most for urban areas and more recently suburbs, believes it has plenty of room to grow. And that could include smaller communities.

Beverage