StarbucksNASDAQ: SBUX

EDMONTON, Alberta, July 02, 2024 (GLOBE NEWSWIRE) -- Starbucks workers at the Kingsway Ave. & 117 St. store in Edmonton have voted to join the United Steelworkers (USW) union.

CNBC's Kate Rogers with an exclusive look at changes being implemented in Starbucks stores to improve the experience for baristas and customers as the company's app opens up to non-Rewards members in a bid to increase traffic.

Artificial intelligence (AI) is revolutionizing the restaurant industry.

Starbucks' baristas have begun to implement the “Siren Craft System,” a series of changes in how orders are processed and made. As some Americans have become cost conscious in the face of ongoing inflation, the coffee giant is working to reduce bottlenecks in stores and win back occasional customers.

Coffee-chain giant Starbucks has paid -- and increased -- its dividend since 2010. The stock has suffered from an uncertain economy and declining same-store sales.

Starbucks executed its growth plan at the exact right time. The underpinnings of its enormous growth, however, are no longer in place.

Tom White looks at some unusual options activity in Micron (MU), Starbucks (SBUX) and Tesla (TSLA). He's neutral to bullish on Micron (MU), bearish on Starbucks (SBUX), and bullish on Tesla (TSLA).

A few major foodservice retailers have been dropping their prices, following moves in other sectors of retail like grocery to lean toward discounts as cash-strapped customers continue to struggle with inflationary prices. One of them, Starbucks, is taking some heat for it.

24/7 Insights Customer service at Starbucks Corp. (NASDAQ: SBUX) has worsened since the start of the year.