Starbucks today announced its intention to fully license Starbucks operations in France, the Netherlands, Belgium and Luxemburg to its longstanding strategic partner Alsea, S.A.B. de C.V. (BMV: ALSEA), the largest independent chain restaurant operator in Latin America.
Starbucks today announced Patrick Grismer has been appointed executive vice president and chief financial officer. Reporting to Kevin Johnson, Starbucks president and chief executive officer, Grismer succeeds Scott Maw, who will retire on November 30.
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.
In response to critically low coffee prices in Central America, Starbucks announced today a commitment of up to $20 million to temporarily relieve impacted smallholder farmers with whom Starbucks does business, until the coffee market self-corrects and rises above the cost of production.
Starbucks has been awarded “Aon Best Employers – China 2018” for the fourth consecutive year. The award recognizes the company’s investments in building a warm and welcoming family culture, with deep respect for China’s unique culture.
As Fall’s official arrival approaches, Starbucks is bringing new and familiar flavors to menus across the country including returning favorite Maple Pecan Latte (back with a twist!), new Cold Foam Dark Cocoa Nitro and the new, limited-time Starbucks Passport Series of whole bean coffees, perfect for brewing at home.
Starbucks announced the “Starbucks Greener Stores” framework and a commitment to design, build and operate 10,000 “Greener Stores” globally by 2025.
The campaign invites partners (employees) and customers alike to celebrate the company’s achievement in sourcing 99 percent of its coffee ethically, ensuring fair wages for farmers, environmentally friendly farming techniques and the highest quality beans.