In an effort to revive flagging sales, coffee chain Starbucks Corp. on Tuesday promised a “wave of innovation” into next year ...

Starbucks' (SBUX) quarterly report on Tuesday largely disappointed, deepening concerns around its turnaround efforts, even as ...

After simplifying its menu, the coffee giant will focus on experiential beverages, artisanal foods and non-coffee drinks.

But comparable sales at existing stores continued to show weakness. Global same-store sales dipped 2% year over year, more than analyst estimates for a 1.3% decline. In the U.S., comparable-store ...

Starbucks reported a decline in global comparable store sales for its fiscal third quarter, though its China business shows ...

In China, Starbucks is opening a store every 15 hours as it tries to stay ahead of cheaper competitors. At home, Johnson is creating smaller teams to speed product development.