Starbucks Is Still Working on That Rebound
The coffee giant has more work to do to get back ahead of shifts in consumer preferences.
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The coffee giant has more work to do to get back ahead of shifts in consumer preferences.
Starbucks (NASDAQ:SBUX) began a reinvention a few months ago, with former CEO Howard Shultz stepping in to take over the position of interim CEO.
(Seattle, WA) -- Starbucks is reporting record revenue for the April through June period. Despite store closures and reduced hours in China due to COVID, the coffee demand in the States made up for lost profits. US sales rose nine-percent to just over eight-billion dollars, a quarterly record for the company. Meanwhile, Chinese sales are down 44-percent. Starbucks CEO Howard
On the morning of July 19, news broke that Manhattan District Attorney (DA) Alvin Bragg dropped a second-degree murder charge against 61-year-old, bodega clerk, Jose Alba. Earlier in the month, Alba had been arrested in Manhattan and charged with murder after defending himself from 35-year-old Austin Simon’s attack.
The Starbucks location at 874 Commonwealth Avenue in Brookline, Massachusetts remains closed today as workers enter their sixth day of strike against