Starbucks CEO to retire; founder Schultz to be interim chief

12:07pm, Wednesday, 16'th Mar 2022 ABC News
Starbucks President and CEO Kevin Johnson said Wednesday he will retire next month, and former CEO and company founder Howard Schultz will replace him on an interim basis
Howard Schultz to return as the interim head of Starbucks after CEO Kevin Johnson announces retirement.
Starbucks (SBUX) announced the retirement of CEO Kevin Johnson on Wednesday.
Kevin Johnson has been with Starbucks for 13 years. This will be Howard Schultz''s third tenure as CEO.
On Tuesday, March 15, Volvo cars made a major announcement towards expanding its EV charging infrastructure.
Former longtime CEO Howard Schultz will serve in an interim role as the coffee chain works to move past the Covid-19 pandemic and confronts a unionization push.

Starbucks Advances Plans to Eliminate Single Use Cups

11:48am, Wednesday, 16'th Mar 2022 ESG Today
Starbucks announced new plans to provide its customers globally with reusable cup options, as the coffee retail giant advances on its waste reduction initiatives to eliminate single-use cups. The new plans were announced along with a series of sustainability-focused initiatives ahead of Starbucks’ annual shareholder meeting today, advancing the company’s progress towards its sustainability goals. […] The post Starbucks Advances Plans to Eliminate Single Use Cups appeared first on ESG Today .

Starbucks rallies after JPMorgan turns bullish on China potential

11:30am, Wednesday, 16'th Mar 2022 Seeking Alpha
JPMorgan upgraded Starbucks Corporation (SBUX) to an Overweight rating from Neutral on its view the near-term headwinds will fade for the global coffee chain operator. Read more.

Sustainability push: Starbucks plans to ditch disposable cups

11:15am, Wednesday, 16'th Mar 2022 Seeking Alpha
Ahead of its annual shareholder meeting today, Starbucks (SBUX) laid out some steps it could take on the sustainability front
Here''s why Starbucks shares are looking more attractive to one top Wall Street analyst.

NLRB Issues a Complaint Against Starbucks

12:05am, Wednesday, 16'th Mar 2022 New York Times
A National Labor Relations Board office said the chain had illegally penalized two Arizona workers, the first such finding in the recent unionization push.
Starbucks reusable mugs may soon become more popular as the coffee giant looks to increase sustainability and shift away from single-use cups.
Starbucks’ ubiquitous green-and-white cups could be a thing of the past as the coffeehouse chain plans to push people to bring their own cups, company officials said on Tuesday. The Seattle-based chain claims it is aiming to “create a cultural movement towards reusables” by 2025 – by nudging the public to get their drinks in…

Why Starbucks Stock Jumped on Tuesday

05:34pm, Tuesday, 15'th Mar 2022 The Motley Fool
The coffee purveyor is making a bold move that will profit investors and the environment.
Volvo Car USA and Starbucks (SBUX) plan to collaborate to establish the first public electric-vehicle charging network at the coffee chain''s stores in the U.S.The pilot program calls…
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