Starbucks Sells Majority Stake in China Business for $4 Billion Business Boyu Capital to Take 60% Ownership as U.S. Coffee Giant Refocuses Starbucks has agreed to sell a 60% stake in…
Starbucks Returns to Sales Growth as Turnaround Takes Hold Business Global Sales Rise 1% as U.S. Market Stabilizes Starbucks reported on Wednesday that its same-store sales have returned to growth…
Starbucks to cut 900 corporate jobs and close 200 stores Business Second wave of layoffs Starbucks announced plans to cut 900 corporate jobs and close about 200 stores in the U.S.…