US8552441094 - Common Stock
STARBUCKS CORP
NASDAQ:SBUX (11/21/2024, 8:00:02 PM)
Premarket: 99.75 -0.31 (-0.31%)100.06
+1.8 (+1.83%)
Starbucks Corp. engages in the production, marketing, and retailing of specialty coffee. The company is headquartered in Seattle, Washington and currently employs 381,000 full-time employees. The firm operates in 86 markets and has approximately 38,000 stores worldwide. The company has three segments: North America, International and Channel Development. North America segment includes the United States and Canada. International segment includes China, Japan, Asia Pacific, Europe, Middle East and Africa, Latin America and Caribbean. North America and International segments include both the Company-operated and licensed stores. Channel Development segment includes roasted whole bean and ground coffees, Starbucks- and Teavana-branded single-serve products, a variety of ready-to-drink beverages, such as Frappuccino and Starbucks Doubleshot, foodservice products and other branded products sold worldwide outside the Company-operated and licensed stores. A large portion of its Channel Development business operates under a licensed model of the Global Coffee Alliance with Nestle.
STARBUCKS CORP
P O Box 34067
Seattle WASHINGTON 98134
P: 12064471575
CEO: Kevin R. Johnson
Employees: 381000
Website: https://www.starbucks.com/
Starbucks considers selling a stake in its Chinese operations to boost growth. Learn what this means for SBUX stock and the company’s global strategy.
Starbucks is said to be exploring options for its Chinese operations, including the possibility of selling a stake in the business. Sources say the firm is speaking to advisers about its China growth plans. Bloomberg Opinion columnist Shuli Ren gives her take on the American coffee chain's struggles in China. (Source: Bloomberg)
Starbucks on Thursday said it's exploring the "best path to growth" in the world's second-largest economy.
Starbucks Corp. is exploring options for its Chinese operations including the possibility of selling a stake in the business, according to people with knowledge of the matter.
Starbucks Corp. reduced its US retail workforce by 8% in its most recent fiscal year, even as the coffee chain added hundreds of new locations.
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