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Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. It operates through the following segments: Americas; China/Asia Pacific (CAP); Europe, Middle East, and Africa (EMEA); and Channel Development. Read More The Americas, CAP, EMEA segments sells coffee and other beverages, complementary food, packaged coffees, single-serve coffee products, and a focused selection of merchandise through company-oriented stores, and licensed stores. The Channel Development segment include sales of packaged coffee, tea, and ready-to-drink beverages to customers outside of its company-operated and licensed stores. The company brands include Evolution Fresh, Teavana, Tazo Tea and Seattle's Best. Starbucks was founded by Jerry Baldwin and Howard D. Schultz on November 4, 1985 and is headquartered in Seattle, WA.
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Some parents offer bribes to get their kids into the best summer camps and the incentive that actually gets workers to stick with a wellness program
Happy Friday, MarketWatchers. Don’t miss these top stories: Personal Finance Weekend roundup: Taking on real-estate agents’ 6% commission | Having a ‘what if’ plan before a crisis hits | The killer question that will boost your career Also, how the Federal Reserve has stimulated the economy while keeping the lid on inflation. This incentive actually gets workers to stick with a wellness program Employees rewarded with gift cards were more likely to complete wellness challenges in a new study. Some p...
What Starbucks Should Expect as Chinese Rival Luckin Grows
Photograph by K Wood Text size As the Chinese coffee chain Luckin prepares to go public, Bernstein argues that the company’s margins are likely much lower than those at Starbucks (SBUX), and that U.S. firms will have to get more comfortable with margin-crunching competition. The back story. Luckin is less than two years old, but is aggressively expanding, leading some investors to worry about what it means for Starbucks in the world’s most populous nation. Although there hasn’t been much in the way of fi...
Howard Schultz slams the 'vilification' of successful people in business as 'left-leaning' Democratic presidential hopefuls enter the 2020 race (SBUX)
Skye Gould/Hollis Johnson/Business Insider Howard Schultz criticized the rise of what he called the "vilification" of business success and capitalism as presidential hopefuls vie for the Democratic nomination. "I'm equally concerned about both a socialist democratic president as well as reelecting Donald Trump," Schultz told Business Insider on Friday. Of the potential Democratic presidential nominees, Schultz said he "admires" former Vice President Joe Biden, who has not yet announced whether he plans t...
Expected Apr 25, After Hours