Skip to: Content
Skip to: Site Navigation
Skip to: Search

December 4, 2008 10:53:42 AM CST

Learn about Newser Points »

Howard Schultz

Howard Schultz news stories

10 Stories

 CEO: Starbucks Perking Up 

After drop in third quarter, coffee chain's sales improved in October

Wall Street Journal Wall Street Journal Oct 29, 08 6:14 PM CDT
(Newser) - Starbucks' CEO says the company is percolating again and may have hit bottom in the quarter that ended in September, the Wall Street Journal reports. The chain again saw declining sales, says Howard Schultz, but he also noted a “slight improvement” in October. Starbucks has been shutting stores, and it plans to add loyalty cards to keep customers buzzed amid a spending slowdown. More »

More about:  economy • Starbucks • coffee • Costco • quarterly results • Howard Schultz

Southbound Sonics Settle With Seattle

City will be paid up to $75M to let team move to Oklahoma City

Seattle Times Seattle Times Jul 3, 08 8:06 AM CDT
(Newser) - The Seattle Supersonics have reached a last-minute deal with their hometown that will let the team move to Oklahoma City for the start of the next NBA season, reports the Seattle Times . The agreement, made just hours before a judge was to rule on a lawsuit over the team's arena lease, will give the city $45 million now and $30 million more if it has no new NBA team within five years. More »

More about:  NBA • Seattle SuperSonics • Seattle • Oklahoma City • Howard Schultz • Clay Bennett

Schultz Sues
to Keep Sonics
in Seattle

Starbucks CEO offers email proof of new owner's duplicity

Seattle Post-Intelligencer Seattle Post-Intelligencer Apr 23, 08 12:59 PM CDT
(Newser) - Howard Schultz filed a suit yesterday seeking to reverse the sale of the SuperSonics to Oklahoma-based investor Clay Bennett. The Starbucks CEO and former Sonics owner cites email evidence that Bennett's ultimate goal was always to bring a basketball team to his hometown. The lawsuit asks the court to void the sale and help transfer the team to "an honest buyer," reports the Seattle Post-Intelligencer. More »

More about:  lawsuit • fraud • Seattle SuperSonics • Seattle • Oklahoma City • Howard Schultz • Clay Bennett

Starbucks to Pour Freebies

Execs hope new 'everyday' blend will boost soft sales

Seattle Post-Intelligencer Seattle Post-Intelligencer Apr 7, 08 8:59 PM CDT
(Newser) - Starbucks will pour a new blend for free tomorrow (Tuesday) in an effort to rekindle customer love, the Seattle Post-Intelligencer reports. The company is keeping the blend's ingredients—“subtle, rich flavors of cocoa and toasted nuts"—under wraps, and hopes it will boost sales as Starbucks faces fresh competition from Dunkin' Donuts and McDonald's, MSNBC reports. More »

More about:  Starbucks • coffee • gourmet coffee • Howard Schultz • coffee roasting • barista

Starbucks Balks at Paying Back Barista Tips

Firm challenges court ruling, calls it 'unfair beyond reason'

Seattle Post-Intelligencer Seattle Post-Intelligencer Mar 28, 08 9:41 AM CDT
(Newser) - Starbucks is defying a California court ruling, arguing a judge has created a tempest in a tip jar, reports the Seattle Post-Intelligencer . The court ruled the coffee shop must pay nearly $100 million to California baristas forced to share tips with their supervisors. Similar suits have been filed in Minnesota and Massachusetts. Starbucks says it isn’t paying and is seeking an injunction against the ruling. More »

More about:  California • lawsuit • class action • Howard Schultz • barista • tips • labor code

UPDATED

 Starbucks Rolls Out  
 Customer-Focused Changes 

Loyalty card, new machines headline plans to jolt coffee giant

Wall Street Journal Wall Street Journal Mar 19, 08 2:46 PM CDT
(Newser) - A customer-loyalty card, a new website and upgraded brewing machines highlighted changes in store at Starbucks, the Wall Street Journal reports, with CEO Howard Schultz using today's annual meeting to re-focus the firm on quality of customer experience. The card will offer rewards for regulars at the coffee giant, which aims for a social-networking flavor with its new internet presence. More »

More about:  iPhone • social networking • Starbucks • coffee • McDonald's • training • Dunkin' Donuts • gourmet coffee • Howard Schultz • espresso • Clover

Starbucks Cuts Stores, Skips Breakfast

Faltering biz drops egg-and-cheese fare to
focus on cuppa Joe

Seattle Post-Intelligencer Seattle Post-Intelligencer Jan 31, 08 9:25 AM CST
(Newser) - The founder and returning head of Starbucks has announced plans to turn the flagging operation around by taking it back to its intimate coffee-house roots, reports the Seattle Post-Intelligencer . CEO Howard Schultz is ditching the chain's profitable morning sandwich line after listening to advice from baristas who complained that the smell of the food was overpowering the aroma of coffee and detracting from the Starbucks "experience." More »

More about:  Starbucks • coffee • Howard Schultz • breakfast sandwiches

Starbucks Tries Out $1 Coffee

Java giant also trying free refills in Seattle experiment

Wall Street Journal Wall Street Journal Jan 23, 08 2:50 PM CST
(Newser) - Starbucks is offering a low-cost option as it experiments with new approaches in the face of fresh competition from McDonald's, the Wall Street Journal reports. While Starbucks made its fortune on extravagantly named $4 offerings, an 8-ounce “short” cup is now available for $1 in the Seattle area, and the firm is also offering free refills on some brews. More »

More about:  Starbucks • coffee • McDonald's • Dunkin' Donuts • Howard Schultz

Starbucks Founder Back
in CEO Saddle

Will pare back coffee giant after sales stall and stocks tumble

Wall Street Journal Wall Street Journal Jan 7, 08 7:45 PM CST
(Newser) - Starbucks reacted to slow sales and new competition today by bringing back founder Howard Schultz as CEO, replacing folksy chief exec Jim Donald. "We must address the challenges we face and we know what has to be done," Schultz said. Schultz vows to reignite sales by trimming back US stores and management, and expanding abroad, the Wall Street Journal reports. More »

More about:  US economy • stocks • Starbucks • coffee • CEO • Howard Schultz

China Puts Lid on Macchiatos, Controversy

Beijing—respectfully—forbids Starbucks in Forbidden City

Associated Press Associated Press Jul 15, 07 11:50 AM CDT
(Newser) - Starbucks has closed its outlet in Beijing's Forbidden City after seven years of controversy. The coffee shop had become a symbol for the intrusion of foreign culture in China's heritage, culminating in protests and government intervention. "It was a very congenial decision," a Starbucks official said. "We respect what they are doing." More »

More about:  China • Starbucks • pop culture • Howard Schultz • Forbidden City

10 Stories

Today's Most Popular

Loading...

Premium Articles from HighBeam

Find more articles like this

What is Newser?

2008 Codie Finalist

Face it: there's too much news. At Newser a team of editors and writers culls the most important stories from hundreds of U.S. and international sources and reduces them to a headline, picture, and two paragraphs. It's the Newser guarantee: we can take any report or column or video and pack what you need to know into 120 words or less. Newser's short-form aggregation, visual format, and unique information tools help you get more of the kind of news you want, in a quicker and more entertaining way. And we do it 24/7—you can come back morning, noon, night (and in between) for something new that matters. Read less, know more.

Learn more »