Starbucks explores UK business sale, reports say

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The world's biggest coffee chain has been hit hard by lockdown measures and changing customer habits.

Like much of the food and drinks takeaway industry, Starbucks was hit hard by measures to slow the spread of Covid-19.

The company is also facing increased competition in the UK from rival coffee chains including Costa, Pret A Manger and Tim Hortons. The group is currently in the process of finding a new permanent chief executive, while former chief executive Howard Schultz took over the role temporarily.In May, Starbucks said it would leave Russia after 15 years in the country due to the war in Ukraine.

 

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limpio essay, por la saloon?si. go tu the pub and have a cold pint today. blazin

Wow, britain must be 💩 right enough.

Bet they sell it to the Chinese?!

Due dilligence will doubtless reveal how much of the business is substantial and how much is simply froth.

Over priced woke coffee

Starbucks is overpriced and the coffee tastes like dirt.

There company is ran on over priced hot water and coffee gains ,

Good!

PositiveNewsUK

Hmm, is it because they're likely not a viable business if forced to pay appropriate tax?

Why go there? Buy British.

“Starbucks oversees around 1,000 outlets in the UK, of which about 70% are franchises while the remainder are owned by the firm.” If most are franchises, if it was bought would they still keep the access to the Starbucks name? Or have to rebrand?

Did Starbucks open the restrooms for junkies and homeless people in the UK as well

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Starbucks examines sale of its UK business\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t Starbucks should examine their disgusting union-busting agenda in the US. Só pão. Dear lord, what will the brits do when they are in the mood for over priced, over roasted, bitter coffee?
Source: FT - 🏆 113. / 51 Read more »