France / Français
Business Mag Search: Economy - Finance > Sale
Starbucks closing cafes; CEO calls performance 'not acceptable'
4 monthes ago - By Reuters
Starbucks Corp forecast on Tuesday slower sales growth than Wall Street expected this quarter and plans to close about 150 U.S. cafes next fiscal year to boost performance, sending its shares down 2 percent after hours.
Read more ...Starbucks To Close 150 U.S. Stores as Sales Growth Underwhelms
4 monthes ago - By Fortune
If you sometimes get the impression there is a Starbucks sbux on every street corner in major U.S. cities, you're not that far off mark.
And that density is becoming a problem as stores cannibalize each other's business. So Starbucks said on Tuesday that it would close U.S. 150 stores, about triple the number it usually shutters annually. The overall number of stores will continue to increase, but that growth will be focused.
On a conference call with analysts, CEO Kevin Johnson said those regions include the Midwest and the South, where Starbucks is far less ubiquitous than it is in...
Read more ...Starbucks to close 150 U.S. cafes to combat slowing growth
4 monthes ago - By Reuters
Starbucks Corp on Tuesday said it would close 150 cafes in some saturated U.S. markets and warned comparable sales globally this quarter would miss Wall Street expectations, sending shares down 3 percent after hours.
Read more ...Starbucks sinks after announcing a weaker-than-expected sales forecast and plans to close over 100 stores next year
4 monthes ago - By Business Insider
Starbucks shares fell in after-hours trading Tuesday after the coffee chain's same-store sales forecast for the third quarter missed forecasts.
Starbucks announced plans to close over 100 underperforming stores in locations where it already has a strong presence.
The former Chairman Howard Schultz stepped down earlier in June.
Watch Starbucks trade in real time here .
Starbucks shares fell by as much as 5% in after-hours trading Tuesday after the company announced a third-quarter sales forecast that was weaker than analysts had expected.
Global same-store sales, at locations open for at...
Read more ...Starbucks forecasts same-store sales below estimates
4 monthes ago - By Reuters
Starbucks Corp on Tuesday forecast global comparable store sales for the current quarter below Wall Street's estimates and said it anticipates lower net new store growth in the U.S. for fiscal 2019.
Read more ...Starbucks sinks after announcing a weaker-than-expected sales forecast and plans to close hundreds of stores next year
4 monthes ago - By Business Insider
Starbucks shares fell in after-hours trading Tuesday after the coffee chain's same-store sales forecast for the third quarter missed forecasts.
Starbucks announced plans to close more underperforming stores in locations where it already has a strong presence.
The former Chairman Howard Schultz stepped down earlier in June.
Watch Starbucks trade in real time here .
Starbucks shares fell by as much as 5% in after-hours trading Tuesday after the company announced a third-quarter sales forecast that was weaker than analysts had expected.
Global same-store sales, at locations open for at least...
Read more ...
The headlines of Business Mag
HOLD FAMILY A multiplayer network game for families
Spend more time with your family and less with your phone with the Hold Family app made by us! :)
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
SØVN Modern sleep tracking study
The Søvn app is a modern sleep tracker made by us for Bryggen Research AS! #mobile #iOS #android #portfolio
Key Measures Show Inflation Softened Slightly on YoY Basis in October
The Cleveland Fed released the median CPI and the trimmed-mean CPI this morning: According to the Federal Reserve Bank of Cleveland, the median Consumer Price Index rose 0.2%...
Uber launches rider loyalty Rewards like credits & upgrades 9 cities
Uber's new loyalty program incentivizes you not to check Lyft or the local competitor. Riders earn points for all the money they spend on Uber and Uber Eats that score them $5...
Bain Capital Ventures closes new funds totaling $1 billion for startups in...
Bain Capital Ventures announced today that it has raised $1 billion in investment capital to target startups from the earliest to growth stages.
The cannabis producer Canopy Growth is getting whacked after missing big on...
Canopy Growth reported second-quarter revenue that missed even the lowest estimate by a wide margin. Shares fell more than 7% early Wednesday. The cannabis producer received a...
MBA: Mortgage Applications Decreased in Latest Weekly Survey
From the MBA: Mortgage Applications Decrease in Latest MBA Weekly Survey Mortgage applications decreased 3.2 percent from one week earlier, according to data from the Mortgage...
10 things you need to know in markets today
Good morning! Here's what you need to know in markets on Wednesday. 1. Oil prices extended a slide on Wednesday on the back of worries about weakening world demand and...
11 Signs That The U.S. Economy Is Starting To Slow Down Dramatically
The pace at which things are changing is shocking the experts. Just a few months ago, many of the experts were still talking about how the U.S. economy was “booming”, but since...
Save up to $50 on 23andMe ancestry kits - and more of today's best deals...
The Insider Picks team writes about stuff we think you'll like. Business Insider has affiliate partnerships, so we get a share of the revenue from your purchase. Since you...
Eventbrite tanks after first earnings report since going public
Eventbrite posted its first earnings report since going public in October. It beat on revenue, but missed on the bottom line. Eventbrite is sliding, down nearly 8% Tuesday...
300 Acre Margaritaville Resort Orlando Opening January 2019
The mega resort destination, being developed by Encore Capital Management, spans over 300-acres and includes four main components: Margaritaville Hotel,Margaritaville Cottages...