Starbucks

Starbucks Closing Stores, Cutting 900 Jobs in Major Shake-Up

Starbucks, the world’s largest coffeehouse chain, is undergoing significant changes. On September 25, 2025, the company announced plans to close approximately 100 underperforming stores and lay off about 900 corporate employees as part of a $1 billion restructuring effort. This decision aims to address declining sales and adapt to evolving consumer preferences. In this article,…

Starbucks

Starbucks China Business Draws Bids Worth Up to $5 Billion

Starbucks, the world’s largest coffeehouse chain, is once again at the center of global attention as its China business attracts investor bids worth up to $5 billion. This significant development highlights both the strength of the brand and the growing importance of the Chinese market in the international coffee industry. The Rising Value of Starbucks…

Starbucks

Starbucks Anticipates Non-Binding Bids for China Business Within Two Weeks

China has become one of the most important markets for global brands, and Starbucks is no exception. With thousands of stores across the country, Starbucks has grown from a foreign newcomer to a household name. Coffee culture in China is changing fast, with more young people and professionals choosing cafes over instant coffee at home….