The world’s largest coffee chain said Tuesday that its U.S. same-store sales declined 2% for its June quarter, the second consecutive decline in the key metric since Covid-19 business disruptions in 2020.
Related Posts
Canada Orders Binding Arbitration to Resolve WestJet Labor Dispute
Canada’s Labor Minister ordered WestJet Airlines and the union representing the carrier’s maintenance engineers enter into binding arbitration on a new labor agreement, averting strike […]
Battery Maker Northvolt to Cut Jobs Amid Cooling EV Market
Northvolt will cut jobs as part of a broad cost-saving plan to streamline the business following a period of aggressive expansion and as the global […]
Korea Zinc Raises Buyback Offer to Stop Takeover Bid
The South Korean company raised its share-buyback offer to frustrate a takeover bid by private-equity firm MBK Partners, in a battle for control over the […]