Seattle – Starbucks Corporation (NASDAQ: SBUX) today announced its pioneering investment in the new Valor Siren Ventures I L.P. (VSV), which will serve as a growth driver for the next generation of food and retail start-up technology companies. Managed by Valor Equity Partners, a leading growth-focused private equity investment firm that was among the first […]
Louisville, KY – Yum! Brands, Inc. (NYSE: YUM) today announced the promotion of David Gibbs, 55, to President and Chief Operating Officer, reporting to Chief Executive Officer Greg Creed. Gibbs, a 29-year veteran of the Company, has served as President and Chief Financial Officer for the last two years. In his expanded role as President […]
TORONTO – Today, Starbucks Canada announces the launch of Starbucks FoodShare, a national effort to provide nourishing, ready-to-eat meals to people in need. The company is making a commitment to rescue 100 percent of food available for donation from its more than 1,100 company-owned stores. Building on a successful pilot with Second Harvest, the largest […]
BALI, INDONESIA (January 12, 2018) – Today, Starbucks (NASDAQ: SBUX) celebrates the journey of coffee from seed-to-cup by opening its largest destination in Southeast Asia – the Starbucks Dewata Coffee Sanctuary. The one-of-a-kind Coffee Sanctuary demonstrates Starbucks Indonesia’s coffee leadership in partnership with licensee PT Sari Coffee Indonesia, building upon 16 years of innovation in […]
The new Starbucks Reserve Roastery in New York is designed to be a sleek, inspiring coffee extravaganza in the heart of the city’s vibrant meatpacking district. Locals and tourists alike pass through the historic, ultra-hip neighborhood in droves on their way to or from work, museums, shopping, the Chelsea Market and the High Line, and […]
Springfield, Mass. – MGM Springfield, New England’s first integrated luxury resort, officially opened its doors today. The resort combines the excitement and energy of Las Vegas with the rich historical context of Springfield, a city steeped in innovation and the arts. “Travelers seeking authentic, local experiences are rediscovering small cities across the U.S. that fuse […]
Hualien City, TAIWAN – Starbucks Taiwan opened its first store in Asia Pacific built from recycled shipping containers. The new Starbucks is the first retailer to open a storefront in the yet-to-be opened Hualien Bay Mall, which is located in a tourist destination known for its cuisine and beautiful landscape facing the Pacific Ocean. This […]
MILAN – Present day, Starbucks is a well-known destination for community and coffee craft. But long ago, the vision for what would become 28,000 stores worldwide was first inspired by Italy. This week, that dream comes back to where it was born when the doors to the first Starbucks in Italy open on Friday morning […]
Louisville, KY – Yum! Brands, Inc. (NYSE: YUM) today released its 2017 Global Citizenship & Sustainability Report, citizenship.yum.com, highlighting the company’s progress in 2016 and 2017 and outlining efforts by KFC, Pizza Hut and Taco Bell to make a meaningful impact in three areas of strategic focus: Food, Planet and People. “As Yum! Brands grows […]
SEATTLE – Starbucks Corporation (NASDAQ: SBUX) today announces a set of strategic priorities and corresponding operational initiatives to accelerate growth and create long-term shareholder value. Starbucks details three strategic priorities to regain revenue and earnings momentum: Accelerating growth in the U.S. and China, the company’s targeted long-term growth markets; Expanding and leveraging the global reach […]