Bain Capital, the American private equity giant and owner of well known brands such as Gails and Pizza Express, has tabled a first round offer for Costa Coffee, setting the
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Starbucks is embarking on a sweeping restructuring initiative, closing scores of cafes in the UK and North America while axing 900 non-retail roles, in a bid to revive the fortunes
Keurig Dr Pepper has announced plans to acquire the owner of Peet’s Coffee, Douwe Egberts and Kenco, in a deal valued at £18bn, signalling a dramatic shift in the global
The British division of global coffee giant Starbucks has reported paying no corporation tax for the fiscal year 2024, despite generating sales of £525.6 million. The company’s UK retail operations
In a significant move that has sent ripples through the corporate world, Starbucks has revealed plans to lay off 1,100 corporate employees whilst closing hundreds of vacant positions. This restructuring
In a significant shift of corporate strategy, Starbucks has announced the reversal of its 2018 open-access policy in North America, now requiring visitors to make a purchase to utilise their
In a decisive move to counter declining customer traffic, Starbucks’ newly appointed CEO Brian Niccol has revealed a comprehensive strategy focusing on traditional coffee house values and simplified operations. The
