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Starbucks to lay off 300 US corporate workers and close regional offices
Associated Press88d agoneutral
Starbucks to lay off 300 US corporate workers and close regional offices

Starbucks said Friday it’s laying off 300 corporate employees and closing some U.S. offices as part of its ongoing turnaround. The cuts will impact employees in support functions like marketing, human resources and supply chain management. No international employees are affected for now, but Starbucks said it is also reviewing its corporate structure outside the U.S.

Starbucks Cuts Hundreds More Corporate Workers in Turnaround Bid
The Wall Street Journal88d agobearish
Starbucks Cuts Hundreds More Corporate Workers in Turnaround Bid

Starbucks is laying off 300 U.S. workers and closing several regional corporate offices in the latest move by Chief Executive Brian Niccol to turn the coffee chain around. Starbucks said the 300 U.S. corporate roles are based in Seattle along with remote positions scattered around the country. The company said it is closing regional corporate offices in Chicago, Atlanta, Dallas and Burbank, Calif. It will maintain North American regional offices in New York, Toronto and Coral Gables, Fla., along with its Seattle headquarters and a new Nashville, Tenn., corporate hub.

Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and More
24/7 Wall St.89d agoneutral
Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool, Wix.com, and More

Pre-Market Stock Futures: Futures are trading higher on Thursday after another wild day on Wall Street, during which the major indices moved in different directions. Another round of disturbing inflation data hit the tape as the Producer Price Index for April came in at 1.4%, the largest move higher in four years, while Producer prices ... Here Are Thursday’s Top Wall Street Analyst Research Calls: Commercial Metals, Doximity, Draftkings, Hut 8, Illumina, Lowe’s, TeraWulf, Starbucks, Whirlpool,

Tomato prices have surged 40% since 2025: April CPI
Yahoo Finance Video91d agobullishVIDEO
Tomato prices have surged 40% since 2025: April CPI

The Consumer Price Index (CPI) rose 0.6% month-over-month and 3.8% year-over-year (higher than expected) in April, as reported by the Bureau of Labor Statistics (BLS) on Tuesday morning. Core CPI — which excludes the inflation seen in food and energy prices — rose 0.4% monthly and 2.8% annually. Yahoo Finance Senior Reporter Brooke DiPalma comes on Market Catalysts to discuss the foods and consumer categories. that saw the biggest price increases and declines last month.

Dutch Bros is quietly becoming an energy drink giant
TheStreet92d agoneutral
Dutch Bros is quietly becoming an energy drink giant

While many fast food chains are struggling to attract diners, Dutch Bros is seeing explosive growth. In Q1 FY2026, the coffee chain reported a 30% increase in revenues year-over-year. That’s lightyears beyond competitors like Starbucks, which reported a 9% increase in revenue over the same ...

Kroger adds exclusive new Coca-Cola rival soda
TheStreet92d agoneutral
Kroger adds exclusive new Coca-Cola rival soda

Every now and then, a limited-time offer captures the public's attention in a way that drives tremendous interest in the brand. When Starbucks, for example, first introduced the Unicorn Frappuccino, it became something people had to try at least once. McDonald's created a similar phenomenon with ...

Dutch Bros Q1 Earnings Call Highlights
MarketBeat94d agoneutral
Dutch Bros Q1 Earnings Call Highlights

Dutch Bros (NYSE:BROS) reported stronger-than-expected first-quarter results and raised its full-year outlook, with management citing sustained transaction growth, food rollout momentum, beverage innovation and an accelerated development pipeline. On the company’s May 6 earnings call, Christine Bar