Tag Archives: Starbucks

Market Watch reports: Starbucks announced Sunday in an online statement that it is “pausing” ads on all social media platforms, two days after consumer-products conglomerate Unilever said it was halting U.S. advertising on Facebook and Twitter through year-end over ineffective policing of hate speech, leading to a sharp Friday selloff in both stocks. The coffee giant said it would “continue …

CBNC reports: Starbucks CEO Kevin Johnson on Wednesday detailed how the coffee chain plans to operate U.S. cafes. as it moves to reopen “a significant number” of stores next week. Roughly half of Starbucks’ U.S. company-operated locations are closed. Those that have remained open during the pandemic have had drive-thru only service, Johnson said on CNBC’s “Squawk on the Street.” …

CBS News reports: As the coronavirus pandemic intensifies across the U.S., many restaurants and cafes have switched to drive-thru, delivery and take-out only systems — but still, some workers feel uncomfortable putting their health at risk to come to work. This week, Starbucks said it would pay all of its employees for the next month, even if they choose to …

The Seattle Times reports: In a bid to slow the spread of the novel coronavirus, Starbucks will temporarily close some of its North American locations and will shift to a “to-go” model at the rest of its more than 10,000 North American stores. The closures, which were announced and implemented Sunday afternoon, will last at least two weeks and will …

Axios reports: Former Starbucks CEO Howard Schultz, who put his independent presidential exploration on hold in June, will tell supporters later this morning that he’s abandoning his campaign but still plans to spend big “to fix our broken system.” Why it matters: Schultz — a billionaire who planned to spend north of $100 million on 2020 — now will direct …

The Huffington Post reports: Starbucks billionaire Howard Schultz told campaign staff that he is making significant cuts to his team, as he suspends his political plans for the summer. Schultz came into the office Wednesday for the first time in months and met with the staff, according to a person in the room. He announced that he was letting everyone …

From the Hollywood Reporter: Savvy viewers who tuned in to the fourth episode of the HBO fantasy saga’s final season, “The Last of the Starks,” were distracted when they spotted what appeared to be an out-of-place Starbucks coffee cup in a scene taking place in Winterfell, the home of House Stark. Starbucks later responded with a tweet. “TBH we’re surprised …

The Verge reports: Game of Thrones, the most closely watched and scrutinized show on TV, last night aired a huge moment of lore discontinuity, as a celebratory feast in Winterfell happened to include a distinctly modern takeaway coffee cup among all the metal goblets of wine. It’s not obvious who the offending coffee drinker on set was, or what flavor …

CBS News reports: “I really believe the spoiler in all of this is going to be a far-left Democratic candidate, if that’s who gets the nomination, who is walking the shoes of a socialist,” Schultz said in an interview on Saturday. “Lifelong Republicans who do not want to pull the lever for Donald Trump are not gonna pull the lever …

The Huffington Post reports: Howard Schultz, the billionaire ex-Starbucks chief executive considering an independent presidential campaign, went viral on Twitter on Tuesday night after a CNN town hall. Schultz was asked a question about racial profiling in light of a highly publicized incident in which two black men were arrested after attempting to use the restroom at a Starbucks without …

Time Magazine reports: Howard Schultz, the former CEO of Starbucks and possible 2020 presidential candidate, just got a round of applause while speaking to students at Purdue University on Thursday. The problem is, he had to ask for it. “The cost of an education here will be less expensive in nominal dollars in 2020 than it was in 2012. Congratulations,” …

During an interview with CNBC last night, former Starbucks CEO appeared to take exception with the term “billionaire” when asked if people like him have too much power. “The moniker ‘billionaire’ now has become the catchphrase. I would rephrase that and say that ‘people of means’ have been able to leverage their wealth and their interest in ways that are …

The Hill reports: Howard Schultz, the former Starbucks CEO who has floated an independent run at the White House, deleted a tweet Wednesday in which he praised a column that insulted other 2020 contenders. In the now-deleted tweet, Schultz linked to a piece that called Sen. Kamala Harris (D-Calif.) “shrill” and Sen. Elizabeth Warren (D-Mass.) “Fauxcahontas,” a reference to her …

The Daily Beast reports: Former Starbucks CEO Howard Schultz, amid a media tour rife with awkward moments, got stumped by Morning Joe on Wednesday when asked: “How much does an 18-ounce box of Cheerios cost?” “An 18 ounce box of Cheerios? I don’t eat Cheerios,” the billionaire responded to host Mika Brzezinski. When she revealed the price was four dollars, …

Reuters reports: A day after Howard Schultz said he might run for U.S. president, a heckler shouted “don’t help elect Trump” at the former Starbucks CEO, voicing concerns that his independent bid could help President Donald Trump win re-election in 2020. “Don’t help elect Trump, you egotistical, billionaire, asshole,” shouted the heckler at a Schultz book promotion in New York …

“I am seriously thinking of running for president. I will run as a centrist independent, outside of the two-party system we’re living at a most-fragile time not only the fact that this president is not qualified to be the president, but the fact that both parties are consistently not doing what’s necessary on behalf of the American people and are …

The Atlantic reports: These days, the difference between the parties is starker than it’s ever been in modern times. Yet here comes Howard Schultz, a billionaire who feels that he might be the answer to American politics, and that he’d run for president as an independent. Schultz, the former Starbucks CEO, says in a 60 Minutes interview already recorded but …

The Washington Post reports: Advisers to former Starbucks CEO Howard Schultz have been exploring the possibility of launching an independent bid for the White House in 2020, according to two people who have been informed of the discussions. The entry of a high-profile billionaire Democrat outside the traditional party structure would add an unpredictable dynamic to the increasingly sprawling campaign …

The Washington Post reports: Howard Schultz, who built the coffee chain into a global giant, is leaving the company, where he previously served as chief executive. He has been an outspoken leader on civic issues, and this move has reignited speculation that he might plan a run for political office. Starbucks recently has been embroiled in controversy over the arrest …

USA Today reports: Starbucks will attempt a dramatic move toward racial reconciliation Tuesday as it closes 8,000 stores across the nation for an afternoon of anti-bias training. Up to 180,000 employees at Starbucks stores and at its headquarters will receive training from a “tool kit” that will “focus on understanding prejudice and the history of public accommodations in the United …