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Starbucks Reports Q3 Fiscal 2020 Results

SEATTLE; Starbucks Corporation (NASDAQ: SBUX) today reported financial results for its 13-week fiscal third quarter ended June 28, 2020. GAAP results in fiscal 2020 and fiscal 2019 include items that are excluded from non-GAAP results. Please refer to the reconciliation of GAAP measures to non-GAAP measures at the end of this release for more information. […]

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Starbucks commits $10M USD in COVID-19 relief for partners around the world

SEATTLE – Today, Starbucks announced a commitment of $10 million (USD) to establish the Starbucks Global Partner Emergency Relief Program, part of its ongoing efforts to support partners (employees) around the world impacted by COVID-19. The commitment marks the first time both company-operated and international licensed market store partners across Starbucks may access hardship grants. These […]

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YUM! Expands Global Health And Safety Measures To Protect Employees

We’re incredibly grateful for KFC, Pizza Hut, Taco Bell and The Habit Burger Grill restaurant team members for serving customers and feeding communities during this challenging time. Our restaurant team members are the heart of our business and their health and safety is our top priority. After closely monitoring developments related to COVID-19, we’re expanding […]

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YUM! Brands Completes Acquistion of The Habit Restaurants, INC.

Louisville, KY – Yum! Brands, Inc. (NYSE: YUM) today announced the completion of its acquisition of The Habit Restaurants, Inc. (“The Habit Burger Grill”), following the approval by The Habit Burger Grill stockholders. The transaction marks the addition of the first fast-casual concept to Yum! Brands’ portfolio of iconic global restaurant brands. Yum! Brands acquired […]

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Yum! Brands Appoints Godiva CEO Annie Young-Scrivner and Intercontinental Hotels Group PLC CEO Keith Barr to Board

Louisville, KY – Yum! Brands, Inc. (NYSE: YUM) today announced the appointments of Annie Young-Scrivner, Chief Executive Officer of GODIVA Chocolatier, and Keith Barr, Chief Executive Officer of InterContinental Hotels Group® (IHG®), to its Board as non-executive directors, effective January 24, 2020. “Annie and Keith have both demonstrated strong global leadership experience and bring proven […]

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CEO Deepinder Goyal: Zomato Acquires Uber’s Food Delivery Business in India

The obstacles of your past can become the gateways to new beginnings.” – Unknown We have acquired Uber Eats India and with this development, we are the undisputed market leaders in the food delivery category in India. This is a key moment in our journey as it validates our collective achievement – we have worked […]

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New Starbucks Siren’s Blend supports women in coffee growing communities

Starting today, Starbucks will offer a new, medium-roast coffee blend dedicated to honoring and supporting women in the coffee industry, and a portion of the proceeds will go to support women and girls in coffee origin communities. As the first core-line coffee launch since Starbucks® Blonde Espresso in January 2018, Siren’s Blend™ is named after […]

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Compulsory Liquidation of Thomas Cook Group plc

Further to the announcement made on 20 September 2019, Thomas Cook Group plc (“the Company”) continued to engage with a range of key stakeholders over the weekend in order to secure final terms on the recapitalisation and reorganisation of the Company. Despite considerable efforts, those discussions have not resulted in agreement between the Company’s stakeholders […]

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Starbucks Preserves Heritage Site in China to Open Flagship Location in Tianjin

Tianjin, China – Today, Starbucks unveiled its flagship Reserve store in Tianjin, China. Located in Riverside 66, a Renaissance-style building constructed in 1921, this flagship store reimagines a nearly century-old heritage building to create an inspiring Third Place experience where history is brought to life and enriched with Starbucks coffeehouse culture. “Over the past 20 […]

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Food and Drink Federation Response to Commons Exiting the European Union

The House of Commons Select Exiting the European Union Committee has published a report into the consequences of “no deal” for UK business. FDF’s Tim Rycroft gave evidence to the committee on the disastrous consequences of a no-deal exit for food and drink manufacturing. Tim Rycroft, Chief Operating Officer for the Food and Drink Federation […]

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