Starbucks has finally disclosed the scale of its recent store closures, with 520 U.S. locations shuttered in a single quarter. The numbers reveal a more aggressive reset strategy than many analysts predicted, signaling significant challenges in the coffee giant’s core market.
According to Fast Co
The Hospitality Crossroads: When Global Economics Meet Local Coffee Shops Michael Salvatore, founder of Chicago’s Heritage Hospitality Group, describes the…
Nestle India posted a marginal increase in second-quarter profit, benefiting from improved urban demand for Maggi noodles and Nescafe coffee. Shares surged approximately 5% to a one-year high following the earnings report, according to Reuters.
Nestle India posted a marginal increase in second-quarter profit on Thursday, reportedly benefiting from improving urban demand for popular products including Maggi noodles and Nescafe coffee. According to reports, shares jumped about 5% to a one-year high following the earnings announcement.
