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Image source: Starbucks Investor Relations. According to the image, two of management's strategic priorities are elevating the Starbucks brand and becoming a truly global enterprise.
At the same time, there are ongoing unionization efforts among Starbucks employees across the U.S. According to National Labor Relations Board (NLRB) records, 233 Starbucks stores have voted in ...
Starbucks may need more than an energy drink to reenergize its investors. Pressure is mounting from activist investor Elliott Investment Management, which took an undisclosed stake in the company ...
The reason for the rejection of the proposal was that Starbucks hadn’t explained adequately why the long-term award is made in cash and that the frequency of the one-time awards is concerning. [48] Glass Lewis also recommended the vote against because Starbucks "paid [its CEO] moderately more than its peers, but performed worse". [47]
Starbucks missed the mark on sales again as it reported its numbers Tuesday after market close.Q3 revenue fell 1% to $9.1 billion, lower than expectations of $9.2 billion, per Bloomberg consensus ...
The Starbucks Technology and Digital efforts introduced many new innovations such as free wifi, mobile payments and the Starbucks Digital Network. The journey and role Starbucks Information Technology played in the transformation of the company is documented in the book “Onward: How Starbucks Fought for Its Life without Losing Its Soul”.
James Donald is an American businessman who was the chief executive officer (CEO) of Starbucks from 2005 to 2008. He was preceded by Orin C. Smith, who led the company since 2000, and was succeeded by the coffeehouse's second president, Howard Schultz. Donald also held various executive positions with Albertsons.