To Beat Starbucks in China, Homegrown Chains Open a New Cafe Every Hour

Starbucks is making a big push, but other companies are pushing even harder as China moves…

Howard Schultz Steps Down From Starbucks Board

Schultz had returned to the coffee chain’s C-suite and board last year to help navigate challenges…

New Starbucks CEO to Learn Role Alongside Howard Schultz

Sept. 12, 2022 5:30 am ET Listen to article (2 minutes) Laxman Narasimhan has led multibillion-dollar…

Why Drinking Coffee Can Make You Spend More Money

Journal Reports: Wealth Management Financial Apps Lure Savers With Chance to Enter Regular Sweepstakes By Cheryl…

Starbucks Is Rethinking Almost Everything, Including How to Make Frappuccinos

SEATTLE—Behind a secure door at Starbucks headquarters lies a technology lab where the chain is plotting…

Coffee Could Get Even Pricier as Brazil’s Harvest Falters

By Yusuf Khan and Jeffrey T. Lewis Aug. 21, 2022 7:00 am ET Listen to article…

Rising Costs Drag on Nestlé’s Profit Despite Higher Selling Prices

Higher costs for commodities, freight and energy are starting to eat into profit at Nestle SA,…

More shoppers buy store brands, eat into big food companies’ sales

Cost-conscious consumers are buying more store brands in supermarkets, increasing pressure on large food companies that…

Panera Bread Scraps IPO Deal With Danny Meyer’s SPAC

Panera Bread’s parent company will no longer go public in a deal where it would have…