PYMNTS-MonitorEdge-May-2024

starbucks

Starbucks Corporation is an American coffee company and coffeehouse chain. Starbucks was founded in Seattle, Washington in 1971. As of early 2019, the company operates over 30,000 locations worldwide.

Source: starbucks.com

Luckin Coffee Ends CEO Probe, Finds No Misconduct Evidence
Luckin Coffee Ends CEO Probe, Finds No Misconduct Evidence
February 17, 2021  |  International

A month-long investigation by Luckin Coffee into its current CEO found no evidence of misconduct, Reuters reported Wednesday (Feb. 17). The investigation was launched following allegations...

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Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
Loyalty Programs Provide Lifeline For Struggling QSRs In 2020’s Final Quarter
February 05, 2021  |  Restaurant innovation

Q4 was a difficult quarter in a difficult year for quick-service restaurants (QSRs), as the pandemic raged on, temperatures grew colder and diners returned to...

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Starbucks Q4 Earnings Show Record-High Loyalty Program Participation
Starbucks Q4 Earnings Show Record-High Loyalty Program Participation
January 27, 2021  |  Retail

In September, Starbucks announced changes to its loyalty program that expanded rewards to customers paying without a Starbucks card, eliminating a key friction point in...

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Walgreens Taps Starbucks COO Roz Brewer As New CEO
Walgreens Taps Starbucks COO Roz Brewer As New CEO
January 27, 2021  |  Personnel

Rosalind Brewer, Starbucks‘ operating chief, has now accepted a job as Walgreens Boots Alliance‘s chief executive, according to The Wall Street Journal (WSJ). She will...

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Today In Retail: Bed Bath & Beyond Completes Sales Of Cost Plus World Market; Starbucks To Help Out Washington State With Vaccine Distribution
Today In Retail: Bed Bath & Beyond Completes Sales Of Cost Plus World Market; Starbucks...
January 19, 2021  |  News

In today’s top retail news, Bed Bath & Beyond said it has finished its sale of Cost Plus World Market (CPWM) to a private equity...

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Starbucks To Assist Washington State With COVID-19 Vaccine Distribution
Starbucks To Assist Washington State With COVID-19 Vaccine Distribution
January 19, 2021  |  Retail

Starbucks will assist the state of Washington with distributing the COVID-19 vaccine. The coffee chain has tasked 11 staffers who have knowledge in R&D, operations,...

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Today In B2B: Billtrust Makes NASDAQ Debut; Modern Treasury Raises $38 Million
Today In B2B: Billtrust Makes NASDAQ Debut; Modern Treasury Raises $38 Million
January 13, 2021  |  B2B Payments

Today in B2B payments, Billtrust makes its debut on the NASDAQ, while Modern Treasury raises funding for its accounts payable automation technology. Plus, Starbucks introduces...

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Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make NASDAQ Debut Today Trading As BTRS
Today In Payments: Visa Opts Out Of Plaid Acquisition, Cites Complex Litigation; BillTrust To Make...
January 13, 2021  |  News

In today’s top news, Visa opted out of its acquisition of Plaid after the DOJ sued over antitrust concerns, and Billtrust is expected to start...

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Starbucks Launches $100 Million Fund To Support SMBs
Starbucks Launches $100 Million Fund To Support SMBs
January 12, 2021  |  Investments

Starbucks announced on Tuesday (Jan. 12) that it is investing $100 million from now through 2025 to support small businesses located in minority neighborhoods. The...

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